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Canada Life rejigs group protection

Canada Life is changing its group income protection products by simplifying the maximum benefit formula, improving free cover limits and removing HIV/Aids exclusions.


What is FSA’s problem with accreditation?

A requirement of the FSA is for organisations to put in place processes to monitor transactions for potential money-laundering activity, with part of this require-ment enforcing that any suspicious transactions must be reported. There are potentially many simple, low-cost software solutions on the market but they are consistently being over-looked as the decision-makers feel that […]

Hutton says education and advice are key to reforms

Work and Pensions Secretary John Hutton believes that for pension reform to work, credible financial education and advice are key to ensure that consumers are aware of the investment risks. Speaking at a pension deb-ate in Parliament last week, Hutton said pensions are never risk-free and should not be treated as such, with finan- cial […]

Swedish system is overshooting aim

The Swedish pension system may not be able to meet its target annual management charge of 0.3 per cent, casting doubts on Lord Turner’s plans for a similar target for NPSS charges. A committee set up to evaluate the pension system chaired by international economic affairs and financial markets Minister Gunnar Lund says the public […]

Aegon Benefit Solutions reserves web offering for IFAs

Aegon Benefit Solutions has decided to offer its web-based service exclusively to IFAs. ABS says its software will extend the services advisers can offer their corporate clients and will create cross-selling opportunities. The platform comes with an online adviser facility that puts the scheme member in touch with an IFA in just three clicks through […]


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