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News

Group Protection

Sector backs STIP as a winner

Short term income protection products are set to be the big seller over the next ten years, according to the protection industry.

clock 01 May 2012 •

Regulation

PPI payouts hit £3 billion for consumers

Redress paid to customers who complained about the sale of payment protection insurance (PPI) has now reached £3bn, according to the FSA.

clock 01 May 2012 •

Regulation

Got ten seconds? PruProtect wants your opinion

If you have a moment, PruProtect is interested on your views about tax changes, combined with the gender directive.

clock 01 May 2012 •

Long Term Care

Funding reform of LTC delayed over a year - papers

The Government's overhaul of the long term care sector has been delayed at least 18 months, according to papers seen by the Financial Times.

clock 30 April 2012 •

Long Term Care

All aspects of LTC to go to private tender

Private companies are to bid for contracts to run all aspects of people's long term care (LTC), including medical care, at six pilot sites, under a new Government scheme.

clock 30 April 2012 •

Income Protection

IP Task Force releases draft IP Charter

The Income Protection Task Force has completed a draft Charter setting out the obligations and opportunities of companies selling Income Protection.

clock 30 April 2012 •

Income Protection

Friends Life boosts commission on IP products by 15%

Friends Life has increased the commission advisers receive on its income protection policies by approximately 15% in a bid to bring it into line with commission received on critical illness and life products.

clock 30 April 2012 •

Income Protection

Majority of stressed staff return to work in six months

Three-quarters of employees suffering with stress related problems are able to return to work within six months, according to Legal & General data.

clock 30 April 2012 •

Group PMI

Simplyhealth completes Groupama Healthcare purchase

Simplyhealth has completed its purchase of fellow health insurer Groupama Healthcare and revealed it will release a new private medical insurance product in the autumn.

clock 30 April 2012 •

Insurer

Mutuals emerge from crunch in "better health" than banks - S&P

Ratings agency Standard and Poor's said UK building societies have survived the financial crisis in better health than the UK banking industry as a whole, in a report.

clock 27 April 2012 •
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