Insurance Regulation

FCA Seeks Views on Proposals To Roll Back Some Regs

The latest from the FCA as they plan to overhaul to existing insurance sector regulations; The UK’s world leading insurance market could benefit from simpler, more straightforward rules, under proposals published by the Financial Conduct […]

Insurance Regulation

Funeral Payment Plans: FCA Refuses One Life Application

Latest from the FCA; The FCA has issued a Decision Notice to One Life Funeral Planning Ltd (One Life) refusing the firm’s application for authorisation. One Life could not demonstrate that it was able to meet […]

Life/Health/Critical illness

FCA Launches Consultation on Funeral Plans Regulation

The FCA has launched a consultation on how it plans to regulate the pre-paid funeral plans sector. In January, the Treasury made legislation bringing the sale and administration of funeral plans within the FCA’s remit, following […]

News

Scotland Raises Funeral Support Grant to £1000, Will Westminster Follow Suit?

The Scottish government has announced that the Funeral Support Payment’s rate for expenses, such as funeral director fees, a coffin and flowers, is to rise from its current rate of £700 for all applications received […]

News

Councils Refusing to Let Families Attend Public Health Funerals

Royal London has done some interesting research and revealed the ten councils that spent the most, and least, on public health funerals in the UK in the financial year 2018/19. The mutual insurer sent a […]

Life/Health/Critical illness

January is Peak Month For Cutting Family Out of Your Will

Had enough of the family over Christmas and New Year? You’re not the only one. Data from Co-op Legal Services shows that for some people, keeping it lean this January may also include cutting beneficiaries out of their […]