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Legal & General – Lifestyle Cover

Legal & General – Lifestyle Cover

Type: Short-term individual income protection plan

Maximum benefit: Up to 65% of gross monthly income to a £3,000 maximum

Minimum-maximum ages: 18-63

Minimum term: None

Deferred period: Choice of 30, 60 or 90 for all cover options, 180 days available for accident & sickness only cover

Options: Choice of accident, sickness & unemployment cover, accident & sickness only or unemployment-only cover, standard and back-to-day-one monthly benefit payment options, single or joint cover

Commission:  Subject to negotiation



MPs raise concerns about unwinding QE

Members of the Treasury select committee have warned not enough is being done to prepare for the unwinding of quantitative easing. The Bank of England has bought £325bn worth of Government bonds from the secondary market over the past three years. Yesterday, during a TSC sub-committee hearing with the Debt Management Office which sells gilts […]

Skandia swaps asset managers on US fund

Skandia Investment Group has awarded a £108.6m mandate to US asset manager 300 North Capital for its Skandia US capital growth fund. The move has seen Marsico Capital Management replaced as asset manager on the fund. According to Skandia, the awarding of the mandate will give the fund exposure to growth companies regardless of market […]


FSA highlights exchange traded product risks

The FSA has set out the risks investment advisers need to consider when deciding whether or not to recommend exchange traded products. The regulator has published a factsheet for investment advisers which outlines key features, investment strategies and the potential for conflicts of interest in exchange traded products. The FSA notes somes aspects of the […]


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