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News

Regulation

FOS expected to scrap extra PPI case fee

The Financial Ombudsman Service is expected to scrap its fee of £350 for mis-sold payment protection cases after amassing "considerable" funds since the fee's introduction in April 2012.

clock 08 January 2014 •

Income Protection

Exeter launches adviser tool to boost IP sales

Exeter Family Friendly has launched an online tool to help advisers grow their sales of income protection (IP).

clock 08 January 2014 •

Employee Benefits

NHS cuts occupational health services for GPs

NHS England has confirmed plans to cut centrally funded occupational health services for GPs, unless there are 'performance concerns', despite increasing GP stress levels.

clock 08 January 2014 •

Insurer

Aviva named as potential buyer for RSA

RSA's geographical footprint would be complementary to Aviva's, claims Berenberg analyst.

clock 08 January 2014 •

Regulation

Tyrie calls on FCA to scrap approved persons regime for advisers

Treasury committee chairman Andrew Tyrie has called on the regulator to scrap the "fundamentally flawed" approved persons regime for advisers and instead align the sector with the new standards being brought in for the banking industry.

clock 08 January 2014 •

Regulation

FOS rejects complaint from client unaware of commission for decade

A client who protested about commission being taken from his pension without his permission and without receiving ongoing advice in return has had his complaint rejected by the Financial Ombudsman Service (FOS).

clock 07 January 2014 •

International PMI

Dubai expats warned of mandatory PMI

Expatriates in Dubai have been warned they need the correct level of health insurance, following a Dubai healthcare authority ruling.

clock 07 January 2014 •

Individual Protection

British Money launches Universal Cover

British Money has launched Universal Cover which pays mortgage borrowers who lose their jobs or who are prevented from working due to an accident, sickness or caring commitments for up to a year.

clock 07 January 2014 •

Regulation

APFA calls for FCA fees refund to correct 'error'

The Association of Professional Financial Advisers (APFA) has called on the regulator to adjust next year's fees for advisers to "correct the error that occurred" in the previous year.

clock 07 January 2014 •

International PMI

ALC Health reports 'record' IPMI growth

International private medical insurance (IPMI) provider ALC Health has reported a 38% growth on gross written premiums for 2013 over the previous 12 months and has revealed its plans for 2014.

clock 06 January 2014 •
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