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Lucy Brown: Excellent claims statistics prove protection’s worth

With providers starting to release their claims statistics for last year, it is reassuring to see that they make for good reading. So far, life claims paid are coming out above 98 per cent and critical illness claims around 93 per cent. Aegon and Cirencester have also published income protection claims paid in excess of […]

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Providers to pay a quarter of advisers’ FSCS bills

Providers will have to contribute 25 per cent of advisers’ Financial Services Compensation Scheme bills, the FCA has ruled today. Despite fierce opposition from some providers, and some advisers arguing that providers should pay up to 50 or 75 per cent in response to the FCA’s consultation, the regulator has decided to go ahead with […]

business property relief

Tony Wickenden: Do clients’ IHT set-ups pass new HMRC test?

Those that do not comply with the new requirements risk incurring substantial penalties When it comes to tax matters, you may not be surprised to learn I am especially interested in HM Revenue & Customs’ and the Treasury’s strategy to stamp out aggressive avoidance that defeats the intent of Parliament. A key part of that […]

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