Legal & General has updated its critical illness product by partnering with RedArc to introduce six additional support services for its customers.
The services provided by RedArc include serious illness, disability or bereavement support, Second Medical Opinion, mental health support, carer support, Help at Home and Eldercare, providing customers with support tailored to their circumstances. The changes aim to help support a customer's health and wellbeing throughout the life of their CIC policy and post-claim and come at no extra cost, the insurer said. The launch of a 'paid option' brings new paid-for features to help support customers'...
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.