Life
Big shake-up to UK compensation scheme funding proposed
Product providers could be on the hook for 25% of the Financial Services Compensation Scheme (FSCS) costs currently paid by intermediaries, according to a consultation document released Monday.
Planning for the unexpected in expat family life
Evacuation coverage for expat families is one of the areas where advisers can help their clients plan for the unexpected, says Eva Tsui, Bupa Global’s head of health solutions.
Regulatory overhaul sees big lift in Hong Kong life market
Insurance stats from Hong Kong show a multi-billion dollar market switch prompted by commission and transparency rules introduced last year.
Broker woe and European legal costs weigh on Hansard results
Hansard Global has reported a drop in profits and a £1.1m ($1.4m, €1.2m) provision taken against ‘doubtful broker balances’ for the year ending June 2017.
Canada Life International targets wider market
The portfolio bonds from Canada Life International (CLI) have halved the minimum single and additional investment amounts and increased the maximum age of the youngest life assured by 10 years.