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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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AIG acquires Ageas Protect for £181m

6 August 2014 10:45 am | By Devraj Ray

US-based insurance giant purchases Ageas Protect in £181m deal.

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Barclays secures first simple products kitemark

4 August 2014 8:37 am | By Michael Glenister

Fixed term life insurance product underwritten by Aviva first to be awarded the kitemark by the British Standards Institution.

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Lloyds sets aside £225m for investment and protection advice

31 July 2014 11:17 am | By Tessa Norman

Total provision for investment and protection sales hits £525m. 

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Canada Life plans individual protection launch

31 July 2014 9:30 am | By Devraj Ray

Group risk specialist will launch into the individual market by the end of 2014, Money Marketing understands.

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Aegon poaches LV= pair to boost protection salesforce

28 July 2014 9:58 am | By Devraj Ray

Chris Hopkinson and Jon Fuller will both be joining from LV=.

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FOS reports drop in complaints but Sipp cases surge

22 July 2014 9:07 am | By Tom Selby

The Financial Ombudsman Service has reported a 46 per cent drop in year-on-year complaints between April and June.

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Advisers and life offices targeted by bogus protection callers

10 July 2014 | By Devraj Ray

Bogus callers posing as protection customers have been contacting advisers and providers.

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Forester Life cuts ties with advisers after trail switch-off

9 July 2014 4:07 pm | By Devraj Ray

Advisers cannot obtain client valuations following changes in April that saw firm cease paying trail commission.

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Aviva pays out 93% of IP claims

7 July 2014 1:11 pm | By Devraj Ray

Total payout during 2013 was £12.9m

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Advisers and life offices targeted by bogus protection callers

3 July 2014 4:06 pm | By Devraj Ray

Bogus callers posing as protection customers have been contacting advisers and providers.

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Axa's Paul Evans to be next ABI chair

1 July 2014 2:28 pm | By Steve Tolley

Current ABI deputy chairman Paul Evans will be formally confirmed in new role at ABI conference in October.

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Which? warned advice move puts consumer trust at risk

26 June 2014 3:17 pm | By Devraj Ray

Brokers say engaging in commercial activities will lead to an erosion of trust from consumers.

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Which? Mortgage Advisers to offer in-house protection advice

26 June 2014 | By Devraj Ray

Which? Mortgage Advisers will start advising on protection products later this year.

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Which? to offer in-house protection advice

24 June 2014 4:37 pm | By Devraj Ray

Consumer group will begin to advise mortgage customers on protection products later this year.

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Friends Life boosts IP cover for higher earners

23 June 2014 1:52 pm | By Devraj Ray

Payout structure changed to two tiers as opposed to three, while benefits in kind will be included when calculating gross income.

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