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News

Insurer

Mutuals emerge from crunch in "better health" than banks - S&P

Ratings agency Standard and Poor's said UK building societies have survived the financial crisis in better health than the UK banking industry as a whole, in a report.

clock 27 April 2012 •

Regulation

CII launches employee framework

The Chartered Insurance Institute has launched an Insurance Competency Framework enabling businesses and individuals to determine the competencies individuals need to effectively fulfil their job roles.

clock 27 April 2012 •

Regulation

FSCS more than doubles levy and warns of more to come

The Financial Services Compensation Scheme (FSCS) has more than doubled the annual levy for financial advisers for 2012/13, largely as a result of known claims relating to Arch Cru and MF Global.

clock 27 April 2012 •

Long Term Care

Adopt Dilnot or lose services councils warn

Failure to reform the long term care (LTC) system could force the closure of parks, libraries and public toilets the leaders of every major council in England and Wales have warned.

clock 27 April 2012 •

Employee Benefits

Brits can't afford time or money for dental health

Britons are risking their dental health because they can not afford the money or time off work to visit a dentist, research finds.

clock 27 April 2012 •

Employee Benefits

Employers failing to tell staff about employee benefits

With the exception of pensions, over a third of employers never communicate with their staff about core financial employee benefits, and another quarter do so less than once a year.

clock 26 April 2012 •

Adviser / Broking

HSBC shuts tied advice service due to RDR

HSBC has confirmed it is to close its tied advice service, with the loss of about 600 jobs, as the bank prepares for life post Retail Distribution Review (RDR).

clock 26 April 2012 •

Group Protection

Older staff need greater work flexibility

Older workers are set to play an increasing role in the workplace and employers need to respond with more flexible working practices and better recruitment strategies, new research finds.

clock 26 April 2012 •

Service

Insurers failing to invest in claims management - Ernst & Young

Although efficient claims management remains a key driver for customer satisfaction, less than one-fifth of insurers are investing in technologies to improve their customer interaction.

clock 26 April 2012 •

Income Protection

IP Task Force unveils draft charter

A charter for income protection (IP) setting out the obligations and opportunities of companies selling Income Protection was one of the key things considered a recent IP Summit in London.

clock 26 April 2012 •
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