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&#39Better regulation&#39 plea

In his final speech as chairman of the Association of Independent Financial Advisers at the Association&#39s annual dinner last week, Lord Hunt told guests that the predominant themes during his three years as chairman were regulation and reviews.

And, in a plea to FSA chairman Sir Howard Davies, he went on to say: “I urge the FSA to deploy rigorous self-denial on new initiatives. Sir Howard, you have been lumbered with a complex process that makes it hard for you to change anything. As the number of new initiatives mounts, so the process backlog grows. And any delay in the North Colonnade means a delay for businesses, too.

“Businesses, especially small businesses, cannot keep up with a flood of papers, any one of which may contain a torpedo for their plans.”

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Infographic — health cash plans 2014

Health Shield has strengthened its position in the cash plan market, according to the latest Laing & Buisson report, increasing its market share by income from £27m in 2012 to £29m in 2013. The Health Cover UK Market Report 2014 revealed that the non-profit-making Friendly Society was the only provider in the top four to have increased its market share by income over the past year. Health Shield was also the only cash plan provider in the top four to have increased its market share by income every year for the previous five years. This infographic presents the figures.

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