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News

Regulation

FCA admits lack of resources to monitor small firms

Regulator is consulting on its 'mission'

clock 27 October 2016 • 2 min read

Individual Protection

IRESS boosts XPlan Mortgage system with protection module

IRESS has boosted its XPLAN Mortgage system with the addition of a 'Protection Sourcing' module as the technology provider looks to streamline further the end-to-end mortgage sales process for advisers and their clients.

clock 26 October 2016 • 1 min read

PMI

UK managers still reluctant to discuss serious illness with staff

One-fifth (20%) of UK managers with a team member who has, or has had, cancer do not know how to discuss that or any other serious illness with employees, according to research by AXA PPP healthcare.

clock 25 October 2016 • 3 min read

Individual Protection

Advisers shunning life and critical illness cover sales - research

Almost three-quarters (72%) of advisers believe there is a growing threat people will not have enough life insurance and critical illness cover as fewer intermediaries are selling it, research suggests.

clock 24 October 2016 • 1 min read

Critical Illness

Old Mutual Wealth hires new team to boost protection sales

Old Mutual Wealth is building a 12-strong protection distribution team who will support advisers as the company continues to build out its protection business, COVER can exclusively reveal.

clock 21 October 2016 • 1 min read

Whole of Life

Royal London makes changes to Helping Hand service

Royal London's Helping Hand service has been enhanced by adding five practical services, available through a RedArc personal nurse adviser.

clock 20 October 2016 • 1 min read

Whole of Life

Management to buy out Direct Life and LifeQuote from Cardif Pinnacle

Direct Life, which owns LifeQuote, is being purchased from Cardif Pinnacle Insurance Holdings Ltd, by its managing director Rob Quayle and sales and marketing director Neil McCarthy.

clock 19 October 2016 • 1 min read

Income Protection

One in five workers could be 'financially ruined' by long-term incapacity

A fifth (20%) of UK workers 'have no idea' how they would cope financially if ill health forced them to stop working for six months or more, according to research from Drewberry Insurance.

clock 19 October 2016 • 2 min read

Regulation

FCA consults on treatment of customers in mortgage arrears

The Financial Conduct Authority (FCA) will consult on new guidance on the treatment of customers with mortgage payment shortfalls (commonly referred to as arrears).

clock 19 October 2016 • 2 min read

Employee Benefits

'Lost' employees cost SMEs £28,436

It costs SMEs nearly £30,000, on average, to replace an employee according to research from AXA PPP healthcare.

clock 18 October 2016 • 1 min read
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