Group risk experts have reacted to the government's release of its roadmap which followed up on the 'Improving Lives Green' paper.
Ministers had previously engaged with the group risk industry. Full details of the roadmap can be found here- the changes including wider certification so healthcare professionals, not just GPs, will now be able to issue Fit Notes to patients. Raluca Boroianu-Omura, Assistant Director, Head of Protection and Health, Association of British Insurers, said: "We agree with the Government that ‘for our nation to reach its full potential, every one of its citizens much reach theirs'. We...
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.