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The information is intended to provide information only and reflects our understanding of legislation at the time of writing. Before making any decision, we suggest you take professional financial advice.
Category Archives: Regulation & Legislation
CPI vs RPI
Last June, the coalition government announced that, in future, state and public service pensions would increase in line with the Consumer Price Index (CPI) rather than the Retail Prices Index (RPI). The change, announced in an Emergency Budget, aims to help the government cut the UK’s sizeable budget deficit. Continue reading
Posted in Pensions, Regulation & Legislation
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EU Insurance Ruling
The European Court of Justice (ECJ) has ruled that insurers can no longer use gender as a factor when calculating premiums. Europe’s Gender Directive outlawed gender discrimination in the UK from 2008; however, the UK was granted an opt-out when determining insurance premiums. This opt-out has now been ruled as discriminatory and against the principle of equality, even though gender appears to play a significant part in the quantity and size of insurance claims. Continue reading
Posted in Pensions, Protection, Regulation & Legislation
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Sunroofs and soft-tops
The insurance industry is a powerful momolith that has a vested interest in maintaining commission payments for the sale of its products; so much so that its sphere of influence goes to the very heart of financial advice. Continue reading
Posted in Regulation & Legislation
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