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News

Long Term Care

Advisers want to see more LTC products but are failing to advise

Nearly three quarters of advisers (71%) believe providers should create new prefunded long term care products, but more IFAs need to advise in this sector, a free Defaqto research paper has found.

clock 17 April 2012 •

Income Protection

Which? warns customers off task based income protection

Consumer group Which? has listed task-based income protection cover and absolute return funds among a list of 'financial products to avoid'.

clock 17 April 2012 •

International PMI

April Medibroker buys Medicare International

April Medibroker has bought healthcare underwriters Medicare International from Lloyds broker Lonmar Global Risks.

clock 17 April 2012 •

Long Term Care

MPs launch inquiry into adult social care

MPs from the All Party Local Government group have launched an inquiry examining the future of care provision, answering questions thrown up by the Dilnot Commission report.

clock 17 April 2012 •

International PMI

AXA PPP International adjusts medical history disregarded' limits and switch terms

AXA PPP International has lowered the minimum group size for which it can accept new business on a ‘medical history disregarded' basis from ten employees to five.

clock 17 April 2012 •

Individual Protection

Britons fear financial effects of serious illness

Four in ten Britons are afraid that getting a serious illness would be a significant detriment to their living standards, according to research.

clock 16 April 2012 •

Income Protection

L&G replaces MPPI with STIP product

Legal & General has replaced its mortgage payment protection (MPPI) product with a short-term income protection (IP) offering called Lifestyle Cover.

clock 16 April 2012 •

Income Protection

Avelo adds British Friendly's short-term IP product

British Friendly's short-term income protection (IP) product is now available on Avelo's Exchange portal.

clock 16 April 2012 •

Regulation

Claims managers pursuing IFAs over 'unfounded' cases

Advisers have criticised the Ministry of Justice (MoJ) for failing to protect firms from invalid mis-selling cases levelled by claims management companies (CMCs).

clock 16 April 2012 •

Employee Benefits

Healthcare tax break for employers is key to SAR success

Jelf has urged the government to target tax breaks for workplace healthcare provision at employers and argued such a move could produce an "entire culture shift".

clock 13 April 2012 •
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