News

The Financial Services Authority (FSA) has fined adviser Donald McKee Morgan £335,204 for insurance fraud.

The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.

Almost three-quarters (72%) of advisers dealing with group risk believe auto-enrolment will present them with new business opportunities, as employers seek financial advice to ensure they are compliant with its regulations.

Providers should concentrate on low pricing of core services in the group protection market Canada life has been told.

Jelf is set to attack the schemes and affinities market with a dedicated team team by Rob Rees as managing director.

House prices will continue to move sideways over the next five to ten years, insisted an industry expert.

The Bank of England's Monetary Policy Committee has resisted calls for further quantitative easing after leaving its programme of stimulus unchanged, with interest rates also kept on hold.

The regulator has set out the circumstances under which the new Financial Conduct Authority (FCA) will exercise its temporary product intervention powers.

The combined Royal London protection brands of Bright Grey and Scottish Provident have seen new business levels up 45% and an 18% increase in applications, in the first three months of the year.

Health cash plan provider Medicash increased its employer-paid policyholder numbers by almost 100% in 2011 but had a less successful year financially.