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ABI welcomes Government response to genetics initiative

The ABI is welcoming Government backing for insurance companies&#39 efforts to develop industry wide standards on genetics.

The Government has given a favourable response to the Human Genetics Advisory Commission&#39s report on genetic testing and supported the concept of establishing an independent evaluation mechanism and appeals procedure.

ABI general director Mark Boleat says: &#34The insurance industry is very supportive of what the Government is trying to achieve in establishing an enduring framework for the use of genetic tests by the insurance industry which will stand the test of time.&#34


Canada Life new business up by 76 per cent in Q3

Canada Life saw new business increase by 76 per cent in the nine months to the end of September.The life office says it is now conducting 62 per cent of its new business in the UK through IFAs.Excluding Pep&#39s and unit trusts IFA business has soared to 75 per cent mainly due to the increased […]

Tesco&#39s £1-a-day pension goes nationwide

Tesco is pushing out a £1 a day pension across its stores nationwide in a bid to attract customers it says are tired of complex pensions and aggressive selling.The pension is being sold through Tesco Personal Finance Life and is a joint venture with Scottish Widows. It is designed to be simple to understand and […]


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