View more on these topics

GFS warns on mortgage protection

Guardian Financial Services is calling on IFAs to alert consumers to the potential problems of not having extra mortgage protection.


Only 7 per cent of borrowers have critical illness cover and less than a third have unemployment cover, according to Swiss Re.


Guardian Financial Services risk product manager Paul Cowman says it is a worrying fact that so few borrowers have critical illness cover despite being four times more likely to suffer a critical illness than die before reaching age 65.

Recommended

PIA fines one more firm

The Personal Investment Authority is fining South Cheshire Investment services £1,000.Disciplinary action is being taken because the firm has failed to meet the December 1997 deadline to complete 90 per cent of its most urgent cases as part of the review of personal pensions.

AITC predicting boom for fund managers

Government plans for a life-long individual savings account could herald a boom for UK fund managers, according to the Association Investment Trust Companies.The AITC believes that the new schemes, dubbed the Lisa, could boost UK funds in the same way as US 401k plans, which have a similar design, boosted US mutual funds.AITC technical director […]

Guarantees in the retirement income market

Lorna Blyth, Royal London  Do guarantees benefit customers and, if so, when? To answer this conundrum we commissioned Millimans, a global actuarial consulting firm, to conduct an independent review of the UK retirement income market and whether guarantees really do offer customers better value for money. The brief The study was one of the most comprehensive undertaken […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment