Insurers will be left behind if they do not change one-to-many models and adapt to the growing power among consumers in the transaction process, a global analyst has warned.
Jelf Employee benefits had urged government to listen to what employers need before making employee benefits tax-relief decisions.
Consumers are less likely to surrender on some life and pensions products if they were sold to them by an IFA, data collected by the Financial Services Authority (FSA) suggests.
Legislation repealing the workplace discrimination of people with mental health conditions within certain roles has been passed by Parliament.
PricewaterhouseCoopers has reported resounding optimism among insurer chief executives despite the poor economic forecasts.
A quarter of employers wanting to provide international health insurance to staff abroad cannot afford it, according to an insurer report.
Several industry players have voiced concern over failures of perception raised by the Government announcement of a cap on long term care fees.
Personal Group has made changes to its Voluntary Group Income Protection (VGIP) plan, increasing the maximum benefit and improving its occupation definition to Own Occupation.
Sesame Bankhall has confirmed Barclays has been appointed to review "strategic options" for the group, seemingly confirming industry speculation that parent Friends Life is putting the network up for sale.
A former Honister Partners adviser has pleaded guilty to evading tax in a case brought by Her Majesty's Revenue & Customs (HMRC).