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News

Insurer

PruProtect and PruHealth increase pre-tax profit by £39.2m

Discovery has released its results for the year ending June 2014, showing a pre-tax operating profit of £39.2m earned by its UK businesses PruProtect and PruHealth.

clock 03 September 2014 •

Employee Benefits

Employees warn on Statutory Sick Pay

Over three-quarters (77%) of staff in the UK could not afford to meet their living costs if their income stopped tomorrow, research has warned.

clock 02 September 2014 •

Regulation

Consumer Panel pushes for MAS remit to be widened

The Financial Services Consumer Panel (FSCP) has called for the Money Advice Service (MAS) to widen its remit from generic advice to helping people "understand products" and "choosing a pension or a mortgage".

clock 02 September 2014 •

Whole of Life

Failure to increase life cover as consumers take on bigger mortgages

Some 64% of people who have moved up the property ladder in the past five years and have a bigger mortgage as a result, did not review their life insurance; research finds.

clock 02 September 2014 • 1 min read

Adviser / Broking

Sesame still most complained about advice firm

Network Sesame has again come out top as the most complained about advice firm, although numbers of cases against it were down, according to the Financial Ombudsman Service's (FOS) half yearly figures published today.

clock 02 September 2014 •

Regulation

Summit to strengthen international insurance relations

The first International Insurance Regulators' and Policymakers' Summit in Cardiff has launched in a bid to improve dialogue between UK insurers and international players.

clock 01 September 2014 •

Critical Illness

Childhood cancer deaths fall by 22%

The rate of children dying from cancer has dropped by 22% in the last decade, according to new figures.

clock 01 September 2014 •

Insurer

Companies should consider EAPs 'a moral' as well as financial imperative -Canada Life

Employee Assistance Programmes (EAP) result in employees being three and a half times more likely to cope with the demands of their job, with 21% rating their ability as "good" or "very good" prior to receiving counselling, compared to 75% afterwards....

clock 01 September 2014 • 1 min read

Regulation

FCA: Firms have 'improved' PPI complaints handling

The Financial Conduct Authority (FCA) has reported that firms have improved the way they handle complaints in its latest update on PPI redress work.

clock 29 August 2014 •

Individual Protection

Number of families with protection insurance falling

Only a quarter (24%) of adults in the UK with children under 16 have any form of financial protection, according to research.

clock 29 August 2014 •
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