News

A consumer comparison website has reported an overnight rise in premiums for whole of life as a direct result of the Gender Directive.

Openwork is to bolster marketing support it provides for network members with a range of new services.

Educating consumers on the importance of income protection is a job for government and industry-led campaigns, advisers have said.

Ellipse has launched its second group income protection product - this time focusing on bonuses for absence reduction and early notifications.

Keith Churchouse, director of Chapters Financial, plans to launch a simplified advice platform in the New Year after earlier putting the project on hold.

Income protection sales have not been benefiting from the potential business opportunity created by the Gender Directive, British Friendly has said.

Protection advisers will need to be clear when building simplified advice-style propositions to address basic client needs, an adviser firm has warned.

Breaking into international PMI can be complex and brokers need to be careful, an adviser warned at COVER's breakfast briefing yesterday.

More than 700,000 people contacted the Money Advice Service (MAS) in the last six months, an increase of 8% compared to last year.

Lloyds Banking Group has earmarked a further £1bn to pay customers who were mis-sold payment protection insurance.