View more on these topics

Aegon upgrades protection service for advisers

Aegon is looking to improve how easy it is for advisers to apply for protection products with the provider.

It has released a series of updates including providing IFAs with estimated prices as they move through an application, as well as the ability to apply for two single-life life protection policies in the same application.

The firm hopes to achieve quicker underwriting decisions through the upgrade as well, with advisers able to answer application questions in whatever order they choose as opposed to following a linear form.

Aegon says this will mean advisers can see the impact of, say, a medical condition, at the beginning rather than at the close of the application.

Aegon head of underwriting and claims Simon Jacobs says: “An adviser’s time is precious which is why we’re always looking for ways to make applying for protection as easy as possible.

“Each of these enhancements are simple, but the combined effect of them will be a quicker and simpler protection application process for advisers.”

Recommended

Malcolm_Kerr_EY
7

Malcolm Kerr: Current withdrawal strategies could leave clients penniless

The industry must find new ways to take care of all those swapping guaranteed income for the uncertainty of the market I attended a presentation entitled ‘Successful Withdrawal Strategies for UK Retirees’ the other day. It was pretty depressing. The first point made by presenter David Blanchett, Morningstar’s head of retirement research, related to Bengen’s […]

1

FCA director: New rules will deliver a fair, open asset management industry

Last week, the FCA took the next step in improving competition in the asset management industry. We have made new rules and are now consulting on further proposals. Our asset management market study has been one of the most comprehensive competition investigations the FCA has yet done. These reforms contribute to an already high volume […]

Savings-Education-University-Piggy-Bank-Book-Study-700x450.jpg

Top tips ahead of CII R06 and AF5 exam sittings

Last-minute preparation for the next round starting on 16 April In order to complete the level 6 Advanced Diploma in Financial Planning, a student must pass the compulsory unit AF5: Financial Planning Process. Anyone that holds the level 4 Diploma in Regulated Financial Planning will already have passed R06: Financial Planning Practice. These exams do […]

/p/n/e/InvestmentFinanceCurrencyPiggyBank.jpg
1

Scottish Widows launches new drawdown income tool

Scottish Widows has launched a new drawdown capability tool to help IFAs manage income withdrawals for clients better. The new feature is available through Scottish Widows’ Retirement Account and gives customers a flexible and tax efficient way to take money from their savings. The aim of the tool is to make clients’ pots last longer […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment