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Industry consults on critical illness move

The Association of British Insurers is consulting on a user-friendly reference guide to critical illness insurance definitions to help IFAs, customers, and claims assessors understand the meanings of the medical definitions.

The ABI said the guide should result in:

— fairer and more consistent treatment of customers by insurers at the point of claim;

— improved information through advisers at the point of purchase and the

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FCA ends premium finance probe looking like a tired parent

Editor’s View: Two years after the Financial Conduct Authority kicked off about premium finance, Emma Ann Hughes feels the regulator’s market study final report felt more like finger-wagging from a worn-out parent than meaningful action from a watchdog with a powerful bite.

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