News

Whilst soft markets for Group Life, and Death in Service Pensions are ending, the trend for Group IP is towards reducing premiums although the Group Critical Illness market continues to grow, according to Canada life.

The government will ask the Office of Tax Simplification to conduct a review of ways to simplify the taxation of employee benefits.

Legal and General has seen a "better than expected" 50% fall in female sales after going gender neutral.

An IFA firm has partnered with an aggregator and launched its first automated, non-advised proposition for protection business.

The FSA has confirmed that advisers who are not level 4-qualified can still advise on Holloway insurance products.

Welfare spending will be cut in a further £6.6bn savings package, the chancellor of the exchequer announced in the Autumn Statement today.

Reinsurer Swiss Re could be on the hook for $1bn in damages over a life insurance deal agreed with Warren Buffett's Berkshire Hathaway conglomerate, according to reports.

AUTUMN STATEMENT

A life assurance proposition is being piloted through Nucleus, the IFA-owned wrap platform.

Scottish Provident has offered an additional grace period to its pipeline plans for last minute gender-specific applications.