Drop planned pension tax relief reform, say UK employers

Reviewing pension tax relief "should not be a priority" for the UK government, while removing the current incentives could discourage employees from saving for retirement altogether, some of the country's largest employers have said.

Insurance Act 2015: changes to conditions precedent

FOCUS: From next year, insurers will not be able refuse policyholder claims on the grounds that they breached an irrelevant term in their policy.

Treasury and FCA launch consultation on financial advice

The UK Treasury and the Financial Conduct Authority have launched a joint consultation to look at ways of improving access to financial advice for consumers.

Ban on opt-out add-on insurance sales to take effect from April, FCA confirms

The ban on the use by UK financial services firms of pre-ticked boxes and other opt-out methods of selling additional 'add-ons' with purchases of regulated financial products will come into force on 1 April 2016, the Financial Conduct Authority (FCA) has confirmed.

FCA to give 'certainty' to financial firms on PPI complaints, expert says

Bank and credit card customers who believe that they were mis-sold payment protection insurance (PPI) could be given a deadline to apply for redress or lose their right to make a claim, the UK's financial regulator has suggested.

EIOPA proposes new asset class for infrastructure investments and identifies preferred categorisation

The European Insurance and Occupational Pensions Authority (EIOPA) has proposed a new asset class for high quality infrastructure investments, recognising that infrastructure project debt is lower risk than corporate project debt.