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Scot prov now accepts Icob business past age 70

Scottish Provident has announced it will now accept term protection business maturing after age 70 and scoping more than 10 years from both Cob and Icob authorised intermediaries.

The Age 70 rule was abolished on June 6 2007. The FSA Board voted to scrap the rule, which restricted the sale of policies maturing beyond age 70 to Cob advisers, in April this year.

Providers and advisers had been pushing for this move for sometime as they felt the Age 70 rule was outdated in a society where people are living longer and retiring later.


Fears voiced over scheme return e-filing

A survey reveals that over eight out of 10 pension trustee administrators are concerned about their readiness for the onset of online scheme returns.Technology company Altus, which commissioned the research, found that 80.7 per cent of administrators have some or significant fears about e-filing becoming mandatory on October 16.From that date, scheme administrators must file […]

Adviser online network IFA Life Mortgages launches

Online networking forum IFA Life is launching a version for the mortgage market branded IFA Life Mortgages. The move is in response to demand from mortgage professionals for a dedicated forum to provide online networking, business resources and debate on a range of industry issues appropriate to their needs. IFA Life Mortgages launched on its […]

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Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.


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