News

More than £10bn has now been returned to payment protection insurance (PPI) policyholders by the banks and building societies that mis-sold it to them, according to the latest figures from the Financial Conduct Authority (FCA).

Bupa has today announced plans to offer commission to intermediaries on individual private medical insurance (PMI).

The UK economy delivered growth of 0.3% in the first quarter of the year, the final reading from the Office for National Statistics has confirmed, but revisions to previous readings mean there was no 'double-dip' recession.

The £2bn payday loans industry has been referred for a full-blown investigation by the competition commission over concerns that firms benefit hugely from loans that borrowers can't pay back on time.

The announcement of additional funding for local authorities to cope with long-term care reforms was ‘good news' but further savings and access to financial advice are needed, Partnership has said.

Zurich has enhanced its Critical Illness (CI) product including improved protection for patients with breast cancer and partial payments on 6 medical conditions.

Over £3 billion a year will be spent on integrated health and social care, chancellor George Osborne pledged today in the 2013 Spending Review.

The Care Bill is an obvious boost to the long-term care market. But, annuities aside, what are the insurance implications? Richard Walsh investigates.

Chancellor George Osborne has said he will cap the country's welfare budget each year for the next four years from April 2015 - but the state pension will not be included.

While Global premium growth resumed in 2012, European markets have contracted, Swiss Re's latest study on global life insurance has shown.