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Annuities make better nest eggs.

The use of annuities to partly replace lump sum damages is growing in popularity in the UK, says Keith Sankey.

Changes in the law in the UK have led to the increasing use of a
method developed in North America for settling claims for damages in
personal injury cases. A 'structured settlement' - in which some

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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