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PTFS to launch quality-based fee structure

20 November 2014 12:01 pm | By Samuel Dale

The network says will quality advisers will not subsidise those who under-perform.

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Lloyds and Which? moves lay bare protection advice challenges

20 November 2014 11:30 am | By Natalie Holt

As Lloyds and Which? pull back from in-house protection advice, where are the protection innovators?

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VitalityLife launches into short-term IP market

20 November 2014 10:41 am | By Tessa Norman

Provider formerly known as PruProtect has also launched LTC offering and mortgage incapacity cover. 

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Zurich to offer long-term care protection in whole of life policy

20 November 2014 9:30 am | By Samuel Dale

Zurich says it is responding to customer demand rather than Government reforms.

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Reliance Mutual launches D2C online protection plans

17 November 2014 10:13 am | By Samuel Dale

New online system will use Wonga-style online sliders to vary pricing and cover.

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Architect of critical illness cover passes away

14 November 2014 9:59 am | By Natalie Holt

Dr Marius Barnard brought the first CI product to market in 1983.

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Lloyds axes protection advice; 1,200 jobs at risk

13 November 2014 4:09 pm | By Tessa Norman

Bank will no longer offer standalone protection advice due to a ‘lack of demand’. 

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Which? scraps plan for protection advice arm

13 November 2014 1:21 pm | By Devraj Ray

Consumer champion had planned to provide protection advice to consumers using its Which? Mortgage Advice service.

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Friends Life sales surge despite Budget annuities hit

11 November 2014 8:56 am | By Tom Selby

Friends Life’s UK division saw sales increase 11 per cent in the nine months to September 2014.

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Prudential sells 25% stake in PruProtect and PruHealth

10 November 2014 10:33 am | By Devraj Ray

Prudential confirms £155m sale of PruHealth and PruProtect to majority shareholder Discovery Group Europe.

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Transact and Ageas Protect launch investment-linked protection

5 November 2014 12:56 pm | By Tessa Norman

Term assurance product launched through pilot. 

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L&G individual annuity sales drop cushioned by surge in bulk deals

4 November 2014 8:50 am | By Tom Selby

The impact of the reforms has been cushioned, however, by a rapid rise in bulk annuity business during the year.

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Seven Families income protection awareness campaign launches

3 November 2014 11:39 am | By Devraj Ray

Eighteen insurance and reinsurance providers have backed the initiative which aims to raise awareness around income protection.

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Aegon UK signs up to Seven Families campaign

31 October 2014 9:41 am | By Devraj Ray

Income protection initiative set to launch next week.

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LV= sees post-Budget with-profits boost

27 October 2014 12:26 pm | By Sam Brodbeck

With-profits sales are up 62 per cent from £69m to £112m. 

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Aegon launches IHT-targeted whole of life policy

20 October 2014 9:34 am | By Devraj Ray

Policy is placed in trust at application, exempting any payout from IHT liability.

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LV= protection head Mark Jones exits

9 October 2014 3:30 pm | By Tessa Norman

Jones steps down after four years with the provider. 

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PRA to raise annuity FSCS compensation limit

7 October 2014 9:33 am | By Tom Selby

The Prudential Regulation Authority has set out plans to raise the FSCS compensation limit for annuities to 100 per cent of the fund.

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Ryan Direct Group set to buy Assurant Intermediary

6 October 2014 9:47 am | By Devraj Ray

Deal expected to complete later this year.

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PruProtect eyes whole of life LTC launch

2 October 2014 2:00 pm | By Devraj Ray

Money Marketing understands PruProtect will launch the new product next month, with Ageas UK set to follow in February 2015.

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Carney warns insurers he could act over capital levels

25 September 2014 3:07 pm | By Samuel Dale

Bank of England governor Mark Carney delivered a speech to the Institute and Faculty of Actuaries.

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ABI holds talks on publishing short-term IP claims stats

25 September 2014 9:30 am | By Tessa Norman

Trade body agrees to collate data with a view to possibly publishing it in future. 

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Openwork acquires MetLife protection advisers

25 September 2014 | By Michael Glenister

MetLife to focus on product manufacturing but other insurers weigh growth of direct salesforce

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Royal London appoints ex-Capita director to protection division

23 September 2014 10:20 am | By Tessa Norman

Debbie Kennedy joins provider’s intermediary protection business. 

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L&G upgrades critical illness proposition

22 September 2014 11:46 am | By Devraj Ray

Provider has not upgraded its CI definitions in 17 months.

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Labour plays down Govt role to boost protection

22 September 2014 9:09 am | By Samuel Dale

Shadow financial secretary Cathy Jamieson says Government should not intervene.

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Return of the direct salesforce? Aviva eyes protection advice network

19 September 2014 8:30 am | By Michael Glenister

As Aviva prepares to return to face-to-face protection advice, are we about to see the direct salesforce make a comeback?

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UnderwriteMe launches with four providers

16 September 2014 2:43 pm | By Devraj Ray

Software provides price estimates, underwritten quote comparisons and additional benefits at point of sale.

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L&G protection and savings chief John Pollock to retire

16 September 2014 9:51 am | By Tessa Norman

Pollock to step down from board in May 2015. 

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Aviva chair John McFarlane to join Barclays

12 September 2014 9:30 am | By Natalie Holt

McFarlane will replace Sir David Walker as chairman of Barclays in April

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Friends Life restructure sees UK protection director Steve Payne depart

4 September 2014 10:32 am | By Devraj Ray

Group protection director David Williams also set to leave insurer.

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FCA forces banks to reopen over two million PPI complaints

4 September 2014 | By Steve Tolley

Banks asked to reasses over two million old complaints and write to five million customers at “high risk” of having being missold

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FCA reopens over two million PPI complaints

29 August 2014 11:13 am | By Steve Tolley

Regulator asks firms to review complaints about missold PPI as redress bill hits £16bn.

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Alan Lakey sues Forester Life over axed trail

22 August 2014 1:20 pm | By Tessa Norman

Adviser is taking insurer to small claims court over trail commission. 

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CII launches level 4 advanced mortgage certificate

18 August 2014 2:22 pm | By Devraj Ray

Chartered Insurance Institute level 4 qualification in advanced mortgage advice will be open from September.

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LV= appoints former Aviva director to lead protection business

15 August 2014 4:11 pm | By Steve Tolley

Myles Rix will take over as insurer’s managing director for protection.

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Cirencester launches first non-Holloway IP policy

14 August 2014 10:41 am | By Devraj Ray

“My earnings insurance” is the first non-Holloway IP contract ever offered by Cirencester.

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Direct Life launches life insurance comparison service

13 August 2014 3:37 pm | By Devraj Ray

New service allows customers to purchase a life insurance policy without going through the full application process.

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L&G quits the ABI

13 August 2014 8:43 am | By Paul Thomas

Insurer believes it can lobby more effectively on its own.

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Zurich profit up 10 per cent for half-year

7 August 2014 10:01 am | By Michael Glenister

Sales boost attributed to growth in corporate benefits.

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