Royal London Covid-19 payouts top £13m

Royal London paid out £13.1m in Covid-19 claims in 2020 to a total of more than 2,100 customers.

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FSCS declares 13 firms in default in 2 months

The Financial Services Compensation Scheme (FSCS) has declared 13 firms in default during November and December including several wealth management and Financial Planning firms.

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FSCS opens doors to claims against failed SIPP firm

The FSCS is working through nearly 1,000 potential claims against SIPP operator Guinness Mahon which collapsed in February.

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83% surge in life insurance claims as Covid-19 hit

Aegon saw a sharp fall in Critical Illness claims during the pandemic but a surge in life insurance claims.

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