News

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.

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).

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

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.

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.

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.

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have launched enforcement investigations into failures at the Co-operative Bank which led to it receiving a rescue package of £1.5bn from its parent company.

Canada Life Group Insurance has launched a newly focused sales team to support advisers who work with small firms' automatic enrolment solutions.

Wellbeing will be the ‘new priority' for employers this year amid greater debates around healthcare and group risk issues and challenges, Towers Watson has said.

The Bank of England (BoE) could lower the unemployment target it has said must be reached before it raises interest rates, according to some experts, as jobless figures fall faster than expected.