Ombudsman records drop in pensions and investments complaints
But it warns about the rise in social media scams
Health & Protection
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Lloyds Banking Group buys UK protection advice firm
In a bid to become a top-three provider by 2025
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Manulife joins forces with Vietnam fintech firm
To narrow the health protection gap
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How will the FCA Consumer Duty impact the protection market?
Regulator wants to make a ‘big change in financial culture and behaviour’
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Allianz offloads half of its Russian business
It will keep a 49.9% stake
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Insurer to take on majority of Aetna’s health client book
Deal involves portfolio outside of the Americas, Thailand and India
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Sanlam and Allianz partner to create pan-African insurer
They will combine current and future operations across the continent
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AIG to rebrand life and retirement business after IPO
This includes the insurer’s UK operation
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Aegon completes sale of eastern European business after setback
Deal was first blocked in April 2021
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Zurich axes ‘Z’ in logo to support Ukraine
Letter has been used to symbolise Russia’s support of the war
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AIA buys Hong Kong insurer
Deal helps strengthen its position in the health market
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Generali exits Russia
It will also give up its position on the board of a local insurer in which it has 38.5% stake