News

The FSA has said it will provide further guidance on short-term income protection if it received individual demand for it, according to an attendee at a meeting with the regulator yesterday.

Demand for breast cancer gene testing as a preventative measure is rising and emerging tests may be a key factor in supporting financially-troubled state healthcare systems, a research and consulting firm has reported.

UK GDP contracted 0.3% in the last quarter of 2012, according the second reading of the data.

Hargreaves Lansdown is launching a fully integrated corporate wrap and flexible benefits platform.

The FSA has approved consultation on Financial Ombudsman Service proposals to increase PPI case fees and overall levy to allow for more free cases, amid concerns about PPI complaint handling behaviour.

Wiltshire Friendly paid out 99.20% of all submitted income protection claims in 2012, the mutual's highest reported level over the past 4 years.

Openwork has launched an ‘app' enabling advisers to quickly assess protection needs via Apple mobile devices.

Adviser firms offering non-advised protection sales is not good for consumers, according to the majority of advisers, life offices and reinsurers.

Qualified advisers will be needed to advise older homeowners on the benefits of proposed deferred payment schemes from the Council versus options such as equity release, Baroness Greengross has said.

Legal & General (L&G) is launching a new online group protection quote and buy system for advisers insuring 10 to150 employees for group life assurance and/or group income protection benefit.