Regulation

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....