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News

Insurer

AIG reports 'significantly improved' results in the UK

AIG Europe Limited has reported a net premium increase from £1.12bn to £1.19bn as a result of a focus on new business activity and underwriting discipline.

clock 25 March 2014 •

Regulation

Lloyds accused of exploiting PPI 'loophole' to lower payouts

Lloyds Banking Group has been accused of using a regulatory loophole to cut the amount of compensation it pays to customers mis-sold payment protection insurance (PPI), a BBC investigation has claimed.

clock 25 March 2014 •

Adviser / Broking

FOS tells adviser: Compliance box-ticking not enough to win complaint

The Financial Ombudsman Service (FOS) has warned advisers that "ticking all the boxes from a compliance point of view" may not be enough to win in a complaint case.

clock 25 March 2014 •

PMI

Six in ten GPs consider early retirement as workload crisis hits

Six out of ten GPs are considering early retirement as general practice struggles to cope with rising workload according to a new British Medical Association tracker of GP opinion.

clock 25 March 2014 •

Income Protection

LV= moves to 100% 'own occupation' on IP

LV= has announced changes to its income protection (IP) policies including a move to 100%‘own occupation' underwriting and improvements to cover for homemakers.

clock 25 March 2014 •

Individual PMI

AMII appeals to FCA over unauthorised lead websites

The Association of Medical Insurers and Intermediaries (AMII) has written to the Financial Conduct Authority (FCA) to express concern about the effect of unauthorised lead-generation websites on the PMI industry.

clock 25 March 2014 •

Adviser / Broking

Mortgage broker jailed after 'disgusting' £3.5m fraud

A mortgage broker has been jailed for six years after fraudulently obtaining almost £3.5m from clients in the North East.

clock 24 March 2014 •

Employee Benefits

Employers 'culturally less accepting' of paternity rights

A number of cultural and financial barriers appear set to impede the take-up of the shared parental leave scheme, according to a report by the Institute of Leadership and Management (ILM).

clock 24 March 2014 •

Individual Protection

Paradigm launches protection arm

Paradigm Group has announced the launch of a protection and insurance proposition, Paradigm Protect.

clock 21 March 2014 •

Adviser / Broking

Protection Review partners with APFA for adviser training

The Protection Review has teamed up with the Association of Professional Financial Advisers (APFA) to provide independent specialist protection training across the industry.

clock 21 March 2014 •
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