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News

Regulation

Universal Credit: DWP has not achieved 'value for money'

The National Audit Office (NAO) has concluded the Department for Work and Pensions (DWP) has not achieved value for money in implementing Universal Credit and has suffered a series of setbacks as a result.

clock 05 September 2013 •

Adviser / Broking

MPs announce review into RDR

A group of MPs will next year evaluate the impact of the Retail Distribution Review (RDR) - with a particular focus on the ban on commission - in what represents the first independent, external probe into the RDR's influence.

clock 05 September 2013 •

Individual Protection

Protection claims statistics tool launched for advisers

F&TRC has launched a new claims statistics tool for advisers to encourage greater industry transparency and tackle client fears that claims do not pay out.

clock 05 September 2013 •

Income Protection

Bright Grey and Scot Prov to enhance IP

Bright Grey and Scottish Provident have announced their intention to launch enhanced income protection (IP) products by the end of October 2013.

clock 05 September 2013 •

Insurer

Insurers face 'paralysis' due to regulatory costs - Deloitte

Europe's insurers spent as much as €9bn keeping pace with a barrage of regulatory changes imposed on the industry in the years following the financial crisis, according to a report by Deloitte.

clock 05 September 2013 •

Employee Benefits

Cost key reason for EBC benefits recommendations

Just over half (54%) of employee benefits consultants (EBCs) say they always recommend their clients to take employee benefits offered by their employer, research reveals.

clock 04 September 2013 •

PMI

Colleagues support FD's cancer battle with charity challenge

Staff at Health Shield are supporting their financial director's battle with bowel cancer by taking part in a triathlon to raise funds for charity.

clock 04 September 2013 •

Long Term Care

One million homes sold to fund care costs - NFU Mutual

A quarter of Brits are relying on inheritance to fund their retirement yet do not realise that one million homes have been sold to pay for care fees in recent years, NFU Mutual has warned.

clock 04 September 2013 •

Income Protection

British Friendly launches new IP policy on LifeQuote

Aggregator Direct Life has partnered with British Friendly to launch a new income protection (IP) policy, BFS Protect, on its LifeQuote service.

clock 04 September 2013 •

Regulation

FOS throws out most complaints against advisers

The Financial Ombudsman Service (FOS) threw out two-thirds of gripes against the most complained-about advisory groups in the first half of 2013, figures show.

clock 03 September 2013 •
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