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AIG set for move into bulk annuities

AIG is understood to be entering into the bulk annuities market in the UK. The US insurer will be launching with the technical support of outsourcing firm Higham Group. AIG has been linked with the possible acquisition of Prudential, one of the largest suppliers of bulk annuities in the UK.

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Building society chiefs want voluntary Hips

More than three-quarters of building society chief executives believe home information packs will have a negative impact and should be made voluntary, according to the Building Societies Association. The cost of producing a Hip is estimated to be as high as 1,000 and failure to produce a Hip will result in a fine. The BSA […]

Scot Eq Protect links with Red Arc

Scottish Equitable Protect has linked with Red Arc offering its care advisory services for people claiming on its group critical illness policy.With immediate effect, anyone who makes a claim on a Scottish Equitable Protect group CI product will receive support from the care advisory service provider. Their immediate family will also receive the services, free […]

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