View more on these topics

BROKER Talkback

Should critical-illness cover and permanent health insurance be regulated?

“Yes, because it is potentially too complex an area not to be.”

Richard Mumford,M&M Financial Services

“Yes. They should be regulated because of the complexity of products,

particularly critical illness.”

Tony Levinson,Anthony Levinson & Partners

“Yes, because there is general confusion about how these policies operate.

Some are linked to whole-of-life policies which have an investment content.

This can affect future premiums, so it should be regulated.”

Frank Dennis,Frank Dennis Investment Services

“Yes. It keeps the rogues out of the market and the fewer IFAs that can

sell it, the more business there is for us.”

Russell Cook,Cook Independent

“Yes. I think it gives clients confidence and if you are selling it in a

package of other products, there is no extra work involved. Regulation

would also stop it sticking out like a sore thumb against other product


Brian Johnson,Chambers & Newman Financial Services

“Yes. With income protection, people often don&#39t fully understand what

they are buying, and are not sure what they are entitled to from the state.

For critical illness, the policies can be so complicated that they should

also be regulated.”

Andrew Hill,Andrew Hill Financial Services

“Yes, I think it should be – virtually everything else is.”

Susan Cox, HW Gibbs Financial Services

“I do not want it to be regulated but I cannot see how it cannot be when

everything else is.”

Tony Dring, Tony Dring Financial Services

yes 100%


Man trades off security and risk

Man Investment Products has introduced an offshore bond with a capital guarantee.The third series of Man IP 220 plus is registered in Bermuda and invests in futures and hedge funds. Investors are guaranteed to get back at least 100 per cent of their original investment.Investors can choose between a US dollar and a euro denominated […]

Investment trust Isas up over year

Investment trust Isa purchases rose by 36 per cent over the last tax year, up to £206m for the 2000/2001 tax year from £152m for 1999/2000.But investment trust Isa purchases in the first quarter of 2001 were down 27 per cent at £59 million, from £81m in the first quarter of 2000.AITC communications director Annabel […]

RJ Temple appoints Premier as investment adviser

RJ Temple is appointing Premier Fund Managers as investment adviser for its funds under management.RJ Temple managing director Michael Hawkins says: “With the rapid changes that continue to take place in global investment we decided the time was right to outsource the management of our clients&#39 funds to provide them with an enhanced service.Premier Asset […]

Essex dealing room opened by Sucden

Commodity and financial broker Sucden (UK) is opening a professional dealing room in Brentwood, Essex for expert or professional traders.The Success Trading Bureau offers members direct access to all the electronic markets available on Liffe and Eurex, as well as other non-electric markets on request.Sucden trading manager Martin Pratt says: “Sucden will only accept experienced […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm