LV= has made changes to its management team as a result of changes to its protection and retirement business, COVER can exclusively reveal.
Some 3.2 million working couples are 'double income, no option' (DINO) households, according to research by LV=. This means they are reliant on two incomes to make ends meet, and would struggle to cope if they lost one.
Protection business to be named Guardian
The Association of British Insurers (ABI) has extended the consultation period for its 'Guide to Minimum Standards for Critical Illness Insurance' paper until 26 January 2018.
Research by Royal London into care funding has found a huge variation in both the amount councils would be willing to pay towards care home costs and the extent to which people have to 'haggle' with their local authority to obtain a good deal.
Some 85% of employees are more likely to work for employers offering clearly labelled benefits, research from Canada Life has found.
The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form.
The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments.
The Financial Ombudsman Service (FOS) has sought to provide clarity regarding any potential confusion over the products advisers should recommend to clients to cover a decreasing loan or mortgage.