Protection

The Financial Conduct Authority (FCA) is gearing up to interview London-based advisers about their risk assessment processes as it works its way across the country.

Legal & General has agreed to provide £40,000 in sponsorship for Action on Stroke Month in May 2014.

Advisers have stressed they are keen to become more involved in long-term care (LTC) advice, with a desire to be included in council referral lists, the Association of Professional Financial Advisers (APFA) says.

The Guernsey Financial Services Commission (GFSC) has approved the restructure of the suspended EEA Life Settlements fund, in a move which could finally allow investors to exit the fund after a two-year wait.

HAPPY HOLIDAYS

Consumer group Which? is among four organisations awarded ‘super-complainant' status by the government, meaning it has the power to present complaints to the Financial Conduct Authority (FCA), which must respond.

Shareholders of RSA Insurance have ordered the firm to be put up for sale after the discovery of a £500m shortfall on its books that forced the resignation of its chief executive.

Pensioners could have to pay out £150,000 on long-term care before the government will step in, according to the Labour party.

THE WINNER IS...

Zurich has launched an investment linked protection solution on its platform, which will allow policy holders to protect platform investments from stock market fluctuations.