News

LV= is offering a 5% discount on all income protection applications until 30 November 2012.

The Bank of England's Monetary Policy Committee is split over whether to commit to further quantitative easing, according to minutes from this month's meeting.

Over a third of British families (37%) have never discussed with their partner or another family member what will happen to their dependent children if either of them dies.

The British Insurance Brokers' Association (Biba) and the Association of Independent Financial Advisers (AIFA)have asked for further clarification from the Financial Services Authority (FSA) ahead of upcoming changes.

The Financial Conduct Authority (FCA) will likely "go further" than the Financial Services Authority (FSA) in challenging providers on their products' target markets and charges.

An incoming regulatory body responsible for insurance companies will allow firms to collapse under a new approach.

Northern Rock completed its rebrand to Virgin Money over the weekend, after Richard Branson bought the troubled lender for £747m in November 2011.

LV= has strengthened its corporate legal panel with the appointment of four companies as part of a periodic review.

Eric Galbraith, Chief Executive of the British Insurance Brokers' Association (BIBA), is to step down next year after nearly 10 years leading the association.

The UK will return to growth in the second half of the year fuelled by consumer spending power despite exports continuing to disappoint, according to Ernst & Young's latest forecast.