Individual Protection

The taxation of trusts written for whole of life policies can easily be reduced. Ian Smart explains the Rysaffe Principle.

PruProtect has announced its gender pipeline strategy with two deadline dates and an improved application system.

Some of the categories were very tight for this year's COVER awards. Others were new entrants to some categories; particularly notable in the healthcare sector.

Gender-specific contracts will "not exist" with Aegon if terms, start date and completed direct debit mandate have not been agreed by 20 December.

Simple products, commission removal on protection and universal applications were on the agenda yesterday in a Cover Forum panel debate.

Auto-enrolment will be a positive for life insurers but the FSA break-up will likely stifle business, an actuarial consultant has said.

Gender-targeted products will emerge once gender-neutral and I-E tax price changes have settled down, a Cover Forum panel debate said.

Two marketers acting on behalf of claims management companies have been fined £250,000 by the Information Commissioner's Office, in the first case of its kind.

Establishing a clear income replacement proposition in time for February's final Review of Simple Financial Products could be "unlikely", Swiss Re has said.

People would have to be "quite affluent" to pay for individual protection in this tough economic climate, a senior MP has said.