The FSA has hit bank Toronto Dominion's London branch with a £7m fine for repeated failings, the fourth highest fine on record.

Changes to the labels ‘independent' and ‘restricted' for the protection market will confuse advisers and consumers alike, say industry experts.

The Financial Services Compensation Scheme (FSCS) has appointed Kate Bartlett director of operations.

The FSA today says it will not read across the abolition of commission-based sales to the protection market.

The insurance industry is unlikely to take a massive hit from claims arising from the British Airways strike action, says the Association of British Insurers (ABI).

Aegon will extend its adviser training programme on how to better market personal protection into the New Year.

Over a third of young people plan to start a pension before they hit the big 3-0 opening up a swathe of new advice business, research by Friends Provident suggests.

The Financial Services Compensation Scheme (FSCS) expects the number of claims against structured products firms to continue to increase throughout next year, meaning its costs will also rise accordingly.

Long-term insurance premium income fell more than a third in the first nine months of 2009 compared to last year, research suggests.

The decision of the Association of British Insurers to drop its earlier opposition to the Law Commission's proposals to reform insurance contract law for personal lines business is good news.