The Government has U-turned on its controversial probate fee legislation, which industry commentators had labelled a 'stealth tax'.
The Ministry of Justice (MoJ) U-turned on the proposed legislation on Thursday, saying there was not enough time for it to go through Parliament before the General Election on 8 June. Put forward by Justice Secretary Liz Truss, the proposal looked to replace the current £215 flat fee with a tiered probate fee structure based on the value of a person's estate, effectively increasing costs for higher value estates to anything up to £20,000. The legislation was first presented to Parliament in...
Zurich has launched a 'selfie' app called FaceQuote which estimates how much life cover someone might need.
The official supplement of this year's COVER Excellence Awards is available to read now as an eBook.
Child cover within critical illness plans has assumed a far greater importance in recent years, writes CIExpert's Alan Lakey.
Holloway Friendly has widened its new online underwriting process allowing protection advisers to write both full and short term income protection business in minutes.