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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.


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. 


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


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


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= Myles Rix

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.


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.


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.


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.


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.


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=.


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


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.


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.


Zurich extends investment-linked protection offering

19 June 2014 1:30 pm | By Michael Glenister

Cover extended to age 70 for Zurich policyholders.


‘Seven Families’ income protection campaign hits £300k funding target

16 June 2014 2:15 pm | By Devraj Ray

Participating companies have been asked to contribute £20,000 to the campaign, which seeks to promote awareness of income protection.


MP 'disappointed' over Treasury response to MMR protection push

13 June 2014 8:50 am | By Steve Tolley

Treasury select committee member Andy Love writes to Treasury over protection gap.

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LV= launches IP plan aimed at ‘high risk’ occupations

3 June 2014 3:54 pm | By Tessa Norman

Product offered on both a full and short-term basis. 

Andy Love TSC

MP vows to keep up pressure over protection gap

3 June 2014 3:47 pm

Treasury select committee member Andy Love says he will continue to press for MMR rules to require protection discussion.


More insurers back Seven Families campaign

30 May 2014 1:00 pm | By Steve Tolley

More insurers are backing the initiative which aims to increase income protection take-up.

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Protection industry paid out £3.1bn in 2013

28 May 2014 4:32 pm | By Devraj Ray

Industry figures show 99.9 per cent payout for whole life claims and 98.4 per cent for term cover.

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Four more insurers back Seven Families campaign

22 May 2014 8:00 am | By Steve Tolley

PruProtect, Zurich, Ageas and Ellipse commit to joining Income Protection Task Force’s Seven Families initiative.


Ex-PosSol director Keith Gilmour joins Zurich

20 May 2014 10:08 am | By Tessa Norman

Keith Gilmour joins Zurich as head of retail key relationships. 

Comments (2)


Friends Life reveals Q1 new business jump; warns of 70% post-Budget annuity sales hit

9 May 2014 10:11 am | By Tom Selby

Provider expects charge cap impact will be offset by a ban on commission in auto-enrolment schemes in 2016.


TSC member pushes for MMR requirement to discuss protection

7 May 2014 4:39 pm | By Steve Tolley

TSC member Andy Love says requirement to discuss protection in MMR could help close protection gap.

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