Penny Mordaunt MP has welcomed the development of a prototype workplace protection statement to support individuals to take action on their protection needs.
Speaking at the Association of British Insurers (ABI)'s Mental Health conference in London last week, the Minister of State for Disabled People, Health and Work, discussed the next steps the government would take after the publication of the Green Paper, Improving Lives, last year. She said: "We very much welcome the ABI's approach in working alongside the Learning and Work Institute and policy in practice, to develop a prototype protection statement, which is designed to help people make an informed...
The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form.
The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments.
Scott Cadger runs through the four most common reasons people give for not taking out critical illness cover - and some suggestions on how advisers can offer reassurance on each in conversations with clients
The Financial Ombudsman Service (FOS) has sought to provide clarity regarding any potential confusion over the products advisers should recommend to clients to cover a decreasing loan or mortgage.