Protection

The Financial Ombudsman Service (FOS) has named Caroline Wayman as its chief ombudsman and CEO, succeeding Natalie Ceeney.

Pensions minister Steve Webb and JP Morgan chief market strategist and ex-BBC economics editor Stephanie Flanders have been confirmed as two of the keynote speakers at this year's Personal Finance Society (PFS) national conference.

The Financial Conduct Authority (FCA) has defended the Financial Ombudsman Service (FOS) from allegations of inconsistent case verdicts.

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Financial Conduct Authority (FCA) chief executive Martin Wheatley was paid a total of £610,000 in the year to 31 March, with a basic salary of £460,000, figures published today show.

Seven out of ten mothers rank family financial security among their top priorities but few are taking out protection cover or talking about the impact of their death, according to a study by Aegon.

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Six million homes, half of all mortgaged residential property in the UK, could be at risk because the owners are not covered by any form of protection insurance, according to research from life and pensions provider Friends Life.

A retired IFA currently battling an Ombudsman payment protection insurance claim dating from the 1980s says the lack of a complaints long-stop for advisers is "crazily unfair" and is pushing his MP to intervene.

Paul Evans, the group CEO of Axa UK, has been nominated to replace outgoing Association of British Insurers (ABI) chairman Tidjane Thiam.