Regulation

Any move abroad by Prudential is "unlikely" to affect either PruProtect or PruHealth, COVER understands.

Which? has urged banks to streamline their payment protection insurance (PPI) claim process or risk exposing customers to claims management companies, after just a quarter of the promised amount of redress was paid out in 2011.

The strain of the payment protection insurance (PPI) mis-selling scandal shows no sign of slowing as figures from the FSA show redress payments surged to a new monthly high in December.

LV= has big plans for 2012. Paul Robertson interviews one of the industry's most prominent Welshmen, Mark Jones.

Phil Jeynes warns that removing components from simple products may mean weaker cover for clients.

Given the Financial Ombudsman Service's (FOS) desire to see larger caseload contributors paying a greater share of the costs, do you think this heralds a focus on smaller companies well being from regulators?

The debate between insurers and their ‘right' to assess risk against public policy concerns about unethical discrimination has come into sharp focus again with the European Court of Justice's (ECJ) ruling on gender discrimination.

The protection industry may have to change the way it works if it is to maximise the potential of the simple products initiative, the project's leader has said.

The Financial Services Compensation Scheme (FSCS) spent nearly £400m on management expenses in the 2010/11 year as it took in nearly £1bn in levies and paid out over £535m in compensation.

Advisers have given the Treasury's simple products initiative a tentative thumbs up while recognising that the financial services industry is overly complicated.