LV= is "intensely" monitoring gender split risks after reporting massive sales figures in the run up to G-Day.
The industry is continuing to report pre G-Day sales spikes as it moves beyond the deadline.
Insurers need to act now on their failure to "engage adequately" with customers about gender neutralisation, an insight agency research has warned.
With sales of individual IP on the slide, industry is agreed something needas to be done. However, as Nicola Culley discovers, opinion is divided as to how to reverse the decline.
Product innovation is a term I continue to hear regarding income protection (IP). What do we need to do as an industry to engage the millions of people with a pressing need and ensure IP sales gather pace?
The majority of UK adults have no awareness of limited state support should they be unable to work through illness or disability, according to Zurich research.
Young adults have classed themselves as financial dependants without insurance or savings, Bright Grey has reported.
Legal and General has seen a "better than expected" 50% fall in female sales after going gender neutral.
The FSA has confirmed that advisers who are not level 4-qualified can still advise on Holloway insurance products.
Welfare spending will be cut in a further £6.6bn savings package, the chancellor of the exchequer announced in the Autumn Statement today.