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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
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
On 28 March 2014, the Financial Conduct Authority (FCA) published a policy statement “PS14/5: Mutuality and with-profits funds: a way forward”.
This guide is based on the law of England and Wales. It was last updated in January 2013.
This guide is subject to UK law and was last updated in March 2012.
This guide is subject to UK law and was last updated in October 2011 . A recent report on the funding of social care recommends individuals should be required to contribute no more than £35,000 towards the costs of their own care in old age.
This guide is subject to UK law and was last updated on 26th January 2011. The Government wants to encourage the development of a range of simple financial products for the mass market that "do wha...
This guide is subject to UK law and was last updated on 20th July 2010. With-profits funds are being managed without sufficient independent challenge from with-profits committees and firms are...
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
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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