Insurers are now paying out on more than 88% of critical illness (CI) claims as the industry battle to stamp out non-disclosure shows signs of success, according to LifeSearch.

The RDR will ‘empower' IFAs and allow them to take control of their business and its client relationships, according to Ascentric.

Foster Denovo has launched a general insurance division, saying there is a clear case to combine insurance and financial advice to better serve clients.

Friends Provident has raised the age individuals can receive payouts on its income protection (IP) plans, from 65 to 70 for both men and women.

HSBC subsidiaries have been fined a total of £3m for failing to protect their customers' personal data.