Price caps could be introduced to ensure insurance customers are not ripped off for their loyalty under new proposals unveiled by the Competition and Markets Authority (CMA).
Ten of the worlds largest insurers will not support a proposed Australian coal mine described by NGOs as a test case that will show who is interested in profiting from climate chaos.
More than $1.3bn (£1bn) was invested in insurance technology firms in the third quarter of this year, double the amount recorded in the previous three months.
Both India and France are likely to overtake the UK in the rankings of the worlds largest economies next year, with Britain falling from fifth to seventh place.
The Financial Reporting Council (FRC) should be replaced as soon as possible with a new regulator with clear statutory powers and goals, an independent review has concluded.
The state pension accounts for £6 in every £10 of retirement income received by British adults aged 65 and over on average, research by Just Group has revealed.
Defined benefit (DB) pension schemes in the UK are set to pay out almost one-third of a trillion pounds over a three-year period for the first time ever, Mercer has predicted.
The International Accounting Standards Board (IASB) has agreed to propose an amendment to IFRS 17 around presentational requirements for insurance contracts on balance sheets.
Pension trustees will have to run a competitive tender with at least three firms before choosing a fiduciary manager to invest more than one-fifth of a schemes assets.
The majority of board members in asset management and banking firms are not clear on the specific cyber risks they face, the Financial Conduct Authority (FCA) has revealed.
