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Individual Protection

MPPI

Claims management companies rake in £7.4m mis-sold PPI profit

The Financial Services Compensation Scheme (FSCS) has paid out £136m in mis-sold PPI claims since 2008.

clock 06 February 2013 •

MPPI

Banks' PPI stockpiles will run out by December

The money banks have set aside for payment protection insurance (PPI) mis-selling compensation will run out by the end of the year, according to analysis from Which?

clock 05 February 2013 •

Income Protection

Industry experts question suitability of Defaqto IP rankings

The Defaqto star ratings system has been called into question by industry experts following publication of its 2013 income protection (IP) products ranking.

clock 05 February 2013 •

Business

IFAs lose significant re-broking income amid hiked G-day prices?

IFAs have lost significant protection policy renewal income following G-Day price hikes, an adviser has said.

clock 05 February 2013 •

Business

Blog: Protection on platforms? Much persuasion needed!

It's been some years since Dan Waters from the FSA first expressed concern about the use of platforms by advisory firms.

clock 05 February 2013 • 2 min read

Term Assurance

HIV+ people wrongly surrender policies after diagnosis

The majority of policyholders have been cancelling insurance policies following HIV positive diagnosis, an adviser has reported.

clock 04 February 2013 •

Income Protection

Holloway Friendly publishes IP claims stats

Holloway Friendly income protection claims statistics have shown 96% of all claims in 2012 were paid out.

clock 04 February 2013 •

Individual Protection

Alistair Darling leads discussion with top protection distributors

Top distributors have called for greater cohesion in the protection industry at a PruProtect leadership summit, led by Alistair Darling.

clock 04 February 2013 •

Critical Illness

Bright Grey reports CI payout figures

Bright Grey has announced paid out 93% of critical illness claims in 2012.

clock 04 February 2013 •

Critical Illness

Tenet gives critical illness comparison site seal of approval

Adviser network Tenet has given the seal of approval to a critical illness comparison website for its members to use at discounted rates when assessing the market.

clock 01 February 2013 •
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