Royal London

A report saying that with deaths likely to rise, funeral costs will also increase is ‘spot on', according to Royal London.

Royal London has seen its new business profits from intermediated protection increase by £2.7m in 2014, as the present value of new business premiums fell, full results have revealed.

Research from Bright Grey has found that almost two thirds (63%) of people would take a second medical opinion if it was offered when receiving a diagnosis from a medical professional.

A Bill to allow mutuals and friendly societies to raise capital through issuing Deferred Shares passed its last stage in the House of Commons on Friday and is set to receive Royal Assent.

Bright Grey is to extend its Helping Hand service to include a second medical opinion which will be available face-to-face within the UK.

The CEO of Royal London has admitted that the insurance group's protection providers had 'tired' propositions in revealing a sharp fall in new protection business.

Royal London has called for a ‘shake up' in the over 50s life insurance following a Which? Report which found whole-of-life policies offered better cover.

Royal London Group has seen a fall in the protection side of its business of 29%, offset by rises in its pension business.

Following the proposals for a pensions commission, Royal London has called for its overview to be expanded to cover all aspects of retirement and long-term care planning.

A fifth (22%) of people fund their funerals through life insurance policies, research by Royal London has found.