Axa has abolished automatic GP report limits for people under 45 applying for life or critical-illness products. Automatic GPR limits for income protection applications by under-45s will increase to £50,000.
Citigroup has appointed former US Treasury secretary Robert Rubin as chairman and former Schroders chief Sir Win Bischoff as temporary chief executive following the resignation of Charles Prince III. Citigroup says it must write down an extra $8bn-$11bn in leveraged and sub-prime loans.
Fortis is planning to enter the protection market with a combined life, critical-illness and income protection plan.Sources say the plan will automatically top up to the full sum assured after paying out on a critical illness or income protection claim.Money Marketing understands the product will have a maximum sum assured of £250,000 and will be […]
Aegon director of risk and regulation Graham Dumble is leaving the firm after 30 years.Dumble joined Scottish Equitable in 1977 and was managing director of Aegon’s life and pensions business division from 1999 until October 2005.He moved to head its risk and regulation team, also responsible for industry affairs, legal and property, following a restructure […]
Sam Shaw is a reporter on Money MarketingWith Money Marketing Live being held in the motherland of Manchester this week, I took the opportunity to tag my train journey onto the back of a weekend visiting the parents and a few friends. The G-Mex was once again filled with many an IFA scurrying around to […]
New research has proven the positive impact that protection, health and wellbeing (PH&W) benefits have upon a business.
- Top trends
- Top trends
- Pension tax relief in firing line as Hammond mulls ‘intergenerational fairness’ Budget
- Scottish Widows mulls Standard Life corporate pensions book takeover
- Martin Lewis wins claim against PPI chaser that used his image
- Zurich: Retail platform is not for sale
- Lloyds to acquire Zurich’s UK workplace business
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The PLSA is also proposing to create a single policy body to oversee its work Members of the Pensions and Lifetime Savings Association will be asked to scrap the trade body’s current constitution on Friday. Speaking at its annual conference in Manchester yesterday, PLSA chair Lesley Williams said the constitution, created 44 years ago, is […]
When the ambitious team at Cofunds gave birth to the platform in January 2001, even they could scarcely have imagined it would reach the gargantuan size it has. At last count, the newly integrated Aegon/Cofunds platform had more than £100bn in assets under management. That’s almost £30bn more than nearest rivals Fidelity and Hargreaves Lansdown. […]
However, it is believed legislation for the pensions dashboard will not be in place before the project is live Pensions minister Guy Opperman has put an end to speculation the Government will not continue work on the pensions dashboard by confirming the Department for Work and Pensions will lead the project. Writing in The Times, […]