Protection intermediary LifeSearch is offering free counselling and support services to all life, critical illness and income protection policy holders. The service is offered by claimant support provider Red Arc. It can give customers access to a personal nurse adviser, entitlement to home visits by a health professional and contact information on self-help groups and charities. Currently Red Arc says 70 per cent of cases referred to it follow a cancer claim.
Total permanent disability should be scrapped from critical-illness insurance policies as it is a flawed concept, says Lifesearch senior technical adviser Kevin Carr.
HSBC is revamping its asset management business, with plans to close poorly performing funds and expand better-performing investments.
Aifa has made the hugely controversial decision to select the architect of depolarisation as its new director general.
The Council of Mortgage Lenders says home information packs are nowhere near ready for implementation. The CML is calling on the Government to undertake a realistic assessment of the cost of HIPs and to ensure costs do not rise beyond that. It also wants the Government to approve spending for development work as a matter […]
President-elect Trump has suggested withdrawing from the North American Free Trade Agreement (NAFTA) and ending negotiations over the Trans-Pacific Partnership (TPP), albeit there is considerable uncertainty over what he will, or even can, do. If one of the main consequences of the election of Donald Trump is US protectionism, it’s worth considering who stands to […]
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A long‑term strategy for the asset management industry will be published by the Government, it was announced in today’s Budget. The Investment Management Strategy 2 will ensure the industry “continues to thrive and deliver the best possible outcomes for investors and the UK economy,” the Autumn Budget policy paper says. The Government will work closely […]
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]