Group critical illness policies have been attacked for having payout rates 12 per cent lower than individual policies, with one industry figure describing the figures as reflecting a ‘dysfunctional’ product. F&TRC director...
Big Data’s ability to identify consumers who do not switch to more cost effective products should not be exploited by financial services providers says FCA chief executive Andrew Bailey. Speaking at the...
Three in four employees would need to make cutbacks within a month if they had to rely on Statutory Sick Pay, research from Legal & General has found. The poll found almost...
The Government is set to unveil a crackdown on the abuse of small self-administered schemes (SSASs), when it confirms a ban on pension cold calling in the Autumn Statement on Wednesday. But...
The Chancellor should use his first Autumn Statement to tackle the elderly care crisis by introducing ‘elderly care vouchers’, a new Care Isa and employer care savings plans, says former pension minister...
Graduated increases of NI channelled into pension could be the way to bring the self employed into auto-enrolment, says Aegon. Responding to reports today that pensions minister Richard Harrington wants the self...
Investment consultants are giving high ratings to asset managers that give them gifts and corporate hospitality, research carried out by the regulator has concluded. The FCA’s asset management market study has identified...
Over the last seven years you have probably read countless articles and had endless discussions about when the Federal Reserve (Fed) is next going to hike. The chart below shows the Fed...
The FCA is considering recommending that the investment consultant sector is referred to the Competition and Markets Authority and has recommended that HM Treasury considers bringing the provision of institutional investment advice...
It is not every day that the Government tells the group risk industry that it likes what it does. Nor does it often ask how it can change things so more products...
