News

The number of elderly people needing care will ‘outstrip' the number of adult children being able to provide informal care by 2017 and will put further pressure on funding, an Institute for Public Policy Research (IPPR) has warned.

Panacea Adviser has announced that income protection specialist British Friendly has joined its growing list of partner protection firms.

Almost three quarters of intermediaries have warned that the weight of regulation is damaging insurers' customer service, in a survey conducted by EDM Group.

The Financial Conduct Authority (FCA) has appointed former chief executive of the Competition Commission (CC) David Saunders as a senior adviser on competition.

Employee Benefit Consultants (EBCs) are forecasting growth in the group income protection (Group IP) market with one in three expecting to increase sales this year, research has found.

A new cancer drug which targets secondary breast cancer has been rejected by the National Institute of Clinical Excellence (NICE) due to its high cost.

A combination of insurance and social media could ‘assist with unblocking hospital beds and ease the burden on the NHS', Allianz Global Assistance has said.

People must consider taking out cover earlier in life as around one in four claims for critical illness (CI) occurs before the age of 40, research has found.

Just 18 individuals were fined by the regulator for misconduct, breaches of the rules or failures in their duties in 2013, a fall of 40% from 30 three years' before.

The Financial Conduct Authority will not begin testing firms' Mortgage Market Review processes until later in the year to allow for a "period of adjustment" while lenders and brokers get used to the new regime.