News

Unum is optimistic the Money Advice Service (MAS) will still be a strong contender to distribute the recent steering group-proposed simple products, despite recent troubles.

The Financial Services Authority (FSA) and Office of Fair Trading (OFT) have postponed the publication of final guidance on payment protection products.

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the interest rate at 0.5%.

MPs have continued to heap criticism on the Money Advice Service (MAS), with questions being raised about the lack of focus in its role.

Insurer growth will not be about products but rather distribution individuality, RGA said at its conference yesterday.

The Financial Conduct Authority (FCA) will lay down a marker to the financial services industry by widening the scope of the incoming commission ban on retail investment sales, according to a report in The Independent.

The widening critical illness protection gap will only get worse but there will be no easy answer, reinsurer RGA has said.

The social care minister reshuffle may cause continuity problems with the social care reforms, Partnership has said.

LV= has agreed a five-year protection advice partnership with RAC.

Zurich's half year results showed 91% of critical illness claims were paid out.