Old Mutual's Paul Roberts debates the role of life cover in helping people meet care costs.
In 2015, dementia was the leading cause of death for females and the second biggest cause of death for males, according to the ONS. Research from the British Medical Journal expects more than 1.2 million people to be living with dementia in England and Wales by 2040. This is up from 800,000 today. Those with dementia more often than not move into a care home or are in a hospital. Statistics from Public Health England show that 58.5% with recorded dementia die in a care home and 31.4% die in...
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.