The post-implementation review of the Retail Distribution Review (RDR) is to be delayed by two years, the Financial Conduct Authority (FCA) has said.
Originally scheduled for 2017, the review of the 2012 reforms will now be combined with the Financial Advice Market Review (FAMR) in 2019. The FCA said the delay would give the market time to react to the regulatory changes from both the Financial Advice Market Review (FAMR) and European directive MiFID II. It would also allow the FCA to make "best use of its resources" and "minimise the reporting burden" on firms. When the RDR was first implemented, the regulator planned two post-implementation...
There will be no further increases to Insurance Premium Tax (IPT) this year, the Autumn Budget 2017 has revealed.
The government will immediately give NHS trusts £350 million to allow them to plan for the winter, Chancellor Philip Hammond has announced in the Autumn Budget.
British Friendly has introduced an online Adviser Toolkit to encourage income protection sales.
Zurich has launched a 'selfie' app called FaceQuote which estimates how much life cover someone might need.