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L&G launches online PMI search

Legal & General has introduced an new service allowing consumers to compare the prices and terms of its range of private medical insurance plans over the internet.

The service was introduced after research carried out for Legal & General found that 30 per cent of people are considering buying PMI in light of the Government&#39s plans for the NHS.

While 75 per cent of people are concerned about long waiting lists, 62 per cent cite lack of quality nursing staff as a major worry and 50 per cent are concerned that they will not be able to get access to quality treatment.

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L&G cuts payouts on with-profits

Legal & General has cut payouts on with-profits policies by average 9.5 per cent for pensions and 7.5 per cent for other life policies.The company blames significant falls in world equity markets for the move but reasserts the AAA rating that Standard & Poors has given its fund. Annual bonuses remain unchanged.

The FCA’s five fixes for retirement information

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