News

Financial resilience is low among British households and a taskforce should be established to reform the welfare system, a major report has urged today.

Canada Life Group Insurance has renewed its contract with RedArc to provide long-term support for Group Critical Illness claimants for another three years.

Financial Conduct Authority (FCA) chief executive Andrew Bailey has confirmed the introduction of a product levy will be considered as part of the regulator's upcoming consultation on the funding of the Financial Services Compensation Scheme (FSCS).

Regulator is consulting on its 'mission'

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.

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.

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.

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.

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

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.