Melissa Collett discusses why there is legal uncertainty in a recent Financial Ombudsman decision on an Aviva life policy complaint.
Adds new grounds for complaints
With effect from 3 January 2018
1,044 complaints against advisers in six months
The government is set to introduce a tiered structure for probate fees as high as £20k based on the value of the deceased's estate and is investigating whether life insurance policies in trust should be bought forward to pay fees.
Every working adult in the UK would be offered a voucher for a financial health check session with a professional financial adviser, under a proposal developed by the Personal Finance Society.
Legal & General (L&G) releases training programme to test "knowledge and competency" of advisers who sell the insurer's protection products.
The Personal Finance Society (PFS) has launched a financial adviser development programme, offering support to employers of aspiring financial advisers across the UK.
Reliance Mutual has signed an agreement proposing it will be demutualised and all of its business transferred to a newly formed UK life company established by LCCG.
Munich Re is raising its dividend despite fourth quarter results falling short compared to previous years.
The amount the Financial Services Compensation Scheme (FSCS) protects for deposits in banks, building societies and credit unions today increases from £75,000 back up to £85,000. Joint accounts will in turn benefit from the rise with a new limit of £170,000....
Aviva is bringing its UK life insurance, general insurance and health insurance business under the leadership of Andy Briggs as its European head departs.
Fairer Finance has hired former FOS senior ombudsman Melissa Collett as it launches two new complaints advice services for banks, advisers and insurers.
Emails have been hacked
Human workers at Fukoku Mutual Life Insurance are set to be replaced by an artificial intelligence (AI) that can calculate pay-outs to policyholders, according to reports.
Speaking at COVER's Adviser Clinic on the relevance of protection insurance today in partnership with Scottish Widows, social media expert Philip Calvert discusses why and how advisers should use social media to connect with their clients in the channels...
Legal & General's Martin Noone revisits the Autumn Statement's consequences for group income protection.
FCA shies away from product levy
The Financial Conduct Authority (FCA) has today launched a market study to consider whether competition in the residential mortgage sector can be improved to benefit consumers.
The Financial Conduct Authority (FCA) has today published its finalised guidance providing firms with actions to treat their closed-book customers fairly.
An investigation by MPs and peers is offering the government a plan to support a million disabled people into work.
Liberal Democrat leader Tim Farron has urged the government to reconsider rising insurance premium tax (IPT) to 12%.
UK insurers are calling for regulators to refine Solvency II to make it more appropriate for the UK market, rather than replace it when the UK leaves the EU.
Alan Knowles questions whether the consolidation of major protection insurers last year represents a win or a loss for advisers and the overall market.