View more on these topics

Review of 2004: Protection

Protection was a mixed bag, with life cover doing well but little signs of the protection gap being filled by critical-illness cover or income protection policies.

The FSA says 4,500 insurance firms have not registered for authorisation, with regulation only four weeks away. The first half of 2004 brought the angioplasty debate to a head as most providers decided to remove it from their CI lists, as well as keyhole surgery on heart valves and aortics.

Royal Liver and Axa Life launched their protection propositions in the second half of the year. The Prudential brought PruHealth and Standard Life and Scottish Equitable moved to create more sophisticated online systems for IFAs.

Reinsurers started to loosen their Scrooge-like grip as providers such as Bright Grey for the first time have been able to offer guaranteed rates on CII. But Bright Grey products director Roger Edwards says: “The protection market still remains tougher than it used to be.”

Direct Life & Pensions and LifeSearch continue to slog it out for the mantle of top specialist broker.


Liontrust roars in with new fund

Liontrust has unveiled the Liontrust distribution fund, its first new fund for five years.This unit trust combines a lower-risk portfolio of gilts with an actively managed equity income portfolio. Up to 40 per cent of the fund will be invested in UK stocks selected for their high income characteristics and reasonable growth potential. This part […]

Where are they now…

The shadow of former news editor Adrian Cammidge looms over 2004. He left the benevolence of the Fourth Estate to move to the “dark side” of PR. Just recently, we have heard he has since taken over the Aegon world and will hitherto be known as Darth “I am now a father” Cabbage and we […]

Sure bet

Making the most of a freebie award: Goes to freelance journalist Jenne Mannion who scooped winnings of 200 a time at consecutive junkets to Windsor Park races. At the Cazenove event, she backed winners in five of the six races.

Fidelity will not enter child trust fund market

Fidelity Investments has decided not to enter the child trust funds market at this time.It says this is because its latest feedback indicates demand for CTFs among IFAs and its investor-base is likely to be limited at the moment.But it will continue to monitor the progress of CTFs over the coming year.Managing director Richard Wastcoat […]


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