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Life insurance product sold by Barclays is first to be accredited as a 'simple product' under BSI scheme

A life insurance policy sold by Barclays and underwritten by Aviva has become the first financial product to be classed as a 'simple product' under a new accreditation scheme run by the British Standards Institution (BSI). 19 Aug 2014

HMRC inheritance tax plans will disproportionately affect those with only moderate wealth, says expert

Plans to prevent wealthy people from using multiple small trusts as a means of passing on property without incurring inheritance tax charges would be likely to catch out those with "only moderate wealth" rather than the very richest, an expert has said. 06 Aug 2014

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FCA given dual role in pensions guidance plan

The government will legislate to give the FCA the power to set minimum standards that independent bodies will have to follow when advising consumers about what they can do with the money accumulated in their pension pots. 23 Jul 2014

Privacy watchdog urges Canadian insurers not to ask for genetic test results

Canada’s privacy watchdog has called on the country’s health and life insurance industry not to ask applicants for access to existing genetic test results, “until such time as they can be shown to be demonstrably necessary and effective”. 22 Jul 2014

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