More than a quarter of mortgage advisers are unaware that from 6 April 2012 they will not be allowed to sell accident, sickness and unemployment (ASU) style insurance products, including PPI and MPPI, at the point of sale of a mortgage, according to LV=....
The British Medical Association (BMA) has called for the Office of Fair Trading (OFT) to extend its private healthcare market review to include insurers' fee schedules.
Doctors have called on the Competition Commission (CC) to expand the private healthcare market study to include the operations of private medical insurance (PMI).
Simple protection products need baseline standards and a goverment recognised stamp of approval, according to the chairman of trade body Protect.
The proposed new regulatory structure is the industry's "worst nightmare", according to a respected regulation and insurance lawyer.