United Kingdom
At least 21 pension transfer firms operated without PI cover
FCA director of life insurance and financial advice warns the regulator is taking ‘very strict lines’
Merger of Jersey and Guernsey firms called off
They could not agree terms and said that the timing was ‘not suitable’
Hargreaves takes in over £300m from first Woodford payment
One multi-manager fund had more than 10% in the suspended fund
Top UK earners fail to claim over £750m tax relief every year
‘Whole pension tax relief system a bloated expensive mess, riddled with problems and inconsistencies’
Coronavirus is covered by most health insurers
As many providers do not require policy changes or add-ons for their clients