News

LV= paid out 95% of underwritten protection claims in 2012. This includes 99% of life cover claims, 91% of critical illness claims, 88% of income protection claims, and 98% of unemployment claims.

The Institute of Financial Services is now able to offer chartered membership in addition to its existing chartered titles.

Businesses who do not tap into Britain's growing older population could suffer skills shortages and lose an important competitive edge, according to a new guide released by the Department for Work and Pensions.

LV= is to shortly launch a campaign aimed at offering basic protection to the home renters market.

Financial services will never rebuild trust with consumers or affect a change in the sector unless custodial sentences are imposed on those guilty of criminal wrongdoing, Chuka Umunna, shadow business secretary has said.

Scottish widows has warned that over half (52%) of the UK population is reliant on a single income in order to make ends meet for their family.

Health Shield has announced gross annual premium income of over £25 million after a year of organic growth.

Legal & General has said Group Income Protection (IP) declinature figures for 2012, were down from 2.2% in 2011 to 0.8 in 2012.

Critical illness insurance database CIExpert has released an analysis of Legal & General's alterations to its critical illness products.

Over four in five employers (82%) now pro-actively record, monitor and manage absence, according to Group Risk Development (GRiD).