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News

Income Protection

LV= announces management restructure to life business

LV= has made changes to its management team as a result of changes to its protection and retirement business, COVER can exclusively reveal.

clock 02 January 2018 • 1 min read

Income Protection

Millions depend on two incomes to make ends meet - LV=

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.

clock 21 December 2017 • 2 min read

Regulation

European Commission proposes to delay IDD by seven months

To 1 October 2018

clock 20 December 2017 • 2 min read

Individual Protection

Gryphon Group Holdings to acquire Guardian Assurance

Protection business to be named Guardian

clock 20 December 2017 • 1 min read

Critical Illness

ABI extends CI Minimum Standards consultation deadline

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.

clock 19 December 2017 • 1 min read

Long Term Care

Care home funding lottery threatens vulnerable pensioners - Royal London

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.

clock 17 December 2017 • 2 min read

Employee Benefits

85% more likely to work for firms with clearly labelled benefits - research

Some 85% of employees are more likely to work for employers offering clearly labelled benefits, research from Canada Life has found.

clock 15 December 2017 • 3 min read

Regulation

FOS: Now not right time to change funding model

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.

clock 14 December 2017 • 1 min read

Regulation

FCA gives firms a year for certification tests under SM&CR

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.

clock 14 December 2017 • 2 min read

Term Assurance

Ombudsman offers clarity on mortgage protection cover

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.

clock 13 December 2017 • 2 min read
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