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News

Regulation

Mediation Directive commission disclosure just a storm in a teacup?

The debate around increased transparency on insurance broker commission disclosure, proposed in the Insurance Mediation Directive II draft, is just a storm in a teacup, industry experts have said.

clock 07 February 2013 •

Insurer

Trevor Matthews steps down as Aviva UK CEO

Trevor Matthews, chief executive of Aviva UK, is to step down from the role.

clock 07 February 2013 •

Adviser / Broking

Panacea: Action must be taken on the FSCS levy

Panacea Adviser, a free online community for adviser firms, is calling for immediate action to overhaul the way in which the Financial Services Compensation Scheme (FSCS) is funded following yesterday's announcement of a £76m levy on investment intermediaries....

clock 07 February 2013 • 1 min read

Employee Benefits

Dame Carol Black to tackle absences at summit

Dame Carol Black will be speaking at a summit in London that will aim to recognise the world's healthiest workplaces.

clock 07 February 2013 •

Business

Zurich to launch protection on its platform

Zurich is set to offer its protection proposition on its retail platform later in the year, to offer IFAs a complete holistic view of financial plans.

clock 07 February 2013 •

Regulation

AMII set to tackle FCA regulation shake-up

The Association of Medical Insurance Intermediaries (AMII) will be tackling the incoming Financial Conduct Authority's impact on the insurance industry at its next annual general meeting in March.

clock 06 February 2013 •

PMI

AXA PPP and Bupa PMI through affinity partners comes out top

AXA PPP and Bupa have come out top as providers offering the most potential PMI value through affinity partnerships, Finaccord has reported.

clock 06 February 2013 •

Regulation

RBS fined £390m for 'widespread misconduct' over LIBOR

RBS has been fined a collective £391m for its role in the LIBOR scandal, with the FSA's investigation finding more than 200 "inappropriate" rate submissions.

clock 06 February 2013 •

Adviser / Broking

Sesame sale next stage of Friends Life shake up

Industry insiders have confirmed Friend's Life is touting for bidders for Sesame Bankhall Group as the insurer continues its broader cost-cutting and restructuring plans.

clock 06 February 2013 •

MPPI

Claims management companies rake in £7.4m mis-sold PPI profit

The Financial Services Compensation Scheme (FSCS) has paid out £136m in mis-sold PPI claims since 2008.

clock 06 February 2013 •
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