News

The Financial Conduct Authority has taken control of the consumer credit industry from today promising tough rules for short-term high-cost credit firms and debt management companies.

An upcoming change in business law may result in UK firms struggling to contain sickness costs, Canada Life Group Insurance has said.

Royal London's operating profits for 2013 were up to £346m, with new business accounting for £70m of the gains.

Industry campaigners have welcomed confirmation the Financial Conduct Authority (FCA) will consult on the re-introduction of a 15-year time limit on complaints against advisers reaching the Financial Ombudsman Service (FOS).

Financial advisory businesses will contribute £68m to the Financial Conduct Authority's funding requirement for 2014-2015, a near-19% reduction on last year following a re-working of the regulator's fee blocks.

The Finance Bill's announcement that tax relief will be introduced for employees referred to occupational therapy is to be "welcomed"; Unum has said.

LV= has revealed a 9% fall in its protection business in its results for the year to 31 December 2013.

UK citizens should pay a £10-a month NHS ‘membership charge' in order for the service to survive the next five years of austerity, a former Labour health minister has urged.

Paradigm Protect, the newly launched protection proposition for advisory firms, has announced it is to use social media for a debate on the protection marketplace.

The Financial Conduct Authority (FCA) has clarified its aims on how it will tackle consumer detriment following reports of an investigation into historic life policies.