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Aviva enhances IP plan

Aviva has enhanced its income protection plan by adding an own occupation definition for surgeons.

Previously surgeons were only offered the suited definition on their IP policy.

But Aviva, UK Health senior proposition development manager Kevin Murdoch says: “While own occupation terms have been offered to dental surgeons for some time, we are seeing an increased interest from intermediaries to offer other surgeons the option to protect their income based on their ability to perform their own role.

“In response to this we now offer the choice of either the suited definition, with its associated cost savings, or own occupation, enabling medical professionals to choose the level of cover that suits their own personal needs.”


F&C expresses concern about lite understanding

F&C’s multi-manager team says it is excited about hedge funds lite coming into the market this year but it is concerned that some investors will not understand these strategies. Hedge funds lite is the term that the industry is using to describe Ucits III funds that adopt hedge fund strategies to produce absolute returns with […]

Sera vision

Mortgage Portfolio’s Simon Chalk believes smaller advisers are integral to the future of equity release and wants their voices to be heard through new body the Society of Equity Release Providers. By Samantha Downes


FSA fines Standard Life £2.45m over pension sterling fund

The FSA has today fined Standard Life £2.45m for serious systems and controls failings that resulted in the production of misleading marketing material for its pension sterling fund.   The regulator found that despite the majority of the fund being invested in floating rate notes by July 2007, marketing material issued by Standard Life referred […]

India: too big to ignore?

By Kunal Desai, head of Indian Equities, Neptune  India is officially the world’s fastest-growing major economy and remains firmly on track to become the third-largest economy by 2030, overtaking Japan and Germany. As an accelerating labour force combines with increasing labour productivity, is India getting too big to ignore? Click here for full article   […]


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