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News

Regulation

PPI complaints top one million

The Financial Ombudsman Service (FOS) has now received over one million complaints about payment protection insurance (PPI), with the majority of them being in relation to the mis-selling of policies.

clock 23 October 2013 •

Employee Benefits

Third of firms predict benefits budget rise

A third (37%) of employers expect to spend more than they do now on their benefits offering to improve engagement and lower absenteeism, according to a survey.

clock 23 October 2013 •

Regulation

FOS complaints pushed higher by pension claims rise

The Financial Ombudsman Service (FOS) has reported a 39% increase in overall complaints against financial products, with increases in claims related to self-invested person pensions (SIPPs), personal pensions and annuities.

clock 22 October 2013 •

Individual Protection

Consumers have lost faith in insurance - Swiss Re

Consumers are not thinking long-term and have been turned off by insurance companies due to negative customer experiences, a new report warns.

clock 22 October 2013 •

PMI

NHS to raise 'up to £500m' from charging foreigners

Up to £500 million could be recovered from overseas visitors' and migrants' use of the NHS every year Health Secretary Jeremy Hunt has said.

clock 22 October 2013 •

Individual Protection

Aegon launches protection "Price Pledge"

Aegon UK has launched a "Price Pledge" campaign, for advisers with large sum assured clients.

clock 22 October 2013 •

Regulation

Co-op Bank to take further £100m hit on PPI

The Co-operative Bank has said it expects to shell out a further £100m in compensation to cover "revised" estimates on claims made over the sale of PPI.

clock 21 October 2013 •

International PMI

Expats urged to check IPMI 'passive war risk' coverage

It is 'vital' for expat workers to check whether their International Private Medical Insurance (IPMI) is valid for war zones or countries in the aftermath of conflict, MediCare International has urged.

clock 21 October 2013 • 1 min read

Employee Benefits

Emp Bens: Cycling to work staff benefit business

A quarter (25%) of employees that cycle to work feel motivated when they arrive in the office, according to research.

clock 21 October 2013 •

Income Protection

Aviva to write all individual IP policies as own occupation

Aviva is to underwrite all individual income protection (IP) policies on an own occupation basis, including part-time occupations.

clock 21 October 2013 •
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