View more on these topics

Friends Prov ditches standard exclusions on IP

Friends Provident has removed the HIV/Aids and war exclusions on its individual and executive income protection products.

The life office says it is the first UK life assurance firm to ditch all standard exclusions on income protection benefits throughout the range.

Friends Provident has also extended the period of linked incapacity during which any deferred period can be waived from 6 to 12 months to provide support for those trying to return to work.

In addition, more generous benefit limits for higher earners have been introduced, with the Individual income protection product now providing up to £3,000 a year more for those on an annual salary of £100,000.

The maximum monthly benefit available has been increased from £10,400 to £13,000.

Friends Provident protection manager Mark Jones says: “We are constantly evaluating our range to make sure it reflects the latest social, economic and medical circumstances and offers value for customers.”


Best of British

One of the most consistently successful stockpickers in the fund management industry is Ian McCombie, who has managed the Baillie Gifford British smaller companies fund for the past five years.

Rights issues

With changes hanging over protected rights benefits for pensions , what can be done to help clients??

Prime time for sub-prime firms

Increasing numbers of traditional sub-prime lenders are expected to offer prime deals in the near future.Fitch Ratings believes that as the non-conforming sector develops, lenders will use prime products as a retention tool to ensure they can keep clients who improve their credit rating and who might otherwise be forced to turn to a high-street […]

Net clash as ABI pension sales figures top 15bn

The Association of British Insurers has unveiled record figures showing 45 per cent growth in regularpremium individual pension business last year but some advisers have called for net figures to be released.For the first time ever, sales broke the 15bn barrier in 2006 on an annual premium equivalent basis, reaching a total of 15.46bn. Individual […]


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