First Secretary Damian Green has announced that the government will publish a green paper on care and support for older people by summer 2018.
The paper will set out plans for how government proposes to improve care and support for older people and tackle the challenge of an ageing population. The government said it will work with independent experts, stakeholders and users to shape the long-term reforms that will be proposed in the green paper. These proposals will build on the additional £2 billion over the next 3 years that the government has already provided to meet social care needs, reduce pressures on NHS services and stabilise...
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.