News

The Office of Fair Trading (OFT) has referred the privately funded healthcare market to the Competition Commission for investigation.

An independent financial adviser in Wales has been chosen to carry the Olympic Torch through his village as it tours the United Kingdom ahead of the 2012 Games.

AXA agreed to sell Bluefin's employee benefits consulting business, Bluefin Corporate Consulting, ("BCC") to Capita plc for £50 million on a cash-free, debt-free basis.

An independent survey, commissioned by PruProtect has found 61% prefer severity based critical illness (CI)cover, when comparing to traditional policies.

LV= has said it is looking to grow through acquisition as 2012's figures already look to be up on todays 2011 annual results.

LV= today has relaunched its critical illness (CI) cover, with an increase in the number of conditions and partial payments covered, as it positions itself at the quality end of the market.

The Association of Independent Financial Advisers (AIFA) has hit out at "spiralling" fee rises from the Financial Services Authority (FSA), Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS).

Cash plan provider Health Shield has announced a strong 2011 in its annual report, increasing gross annual premium income to over £25m.

LV= made a trading profit of £33.7m, a 20% increase on2010 (£28m)as its protection business saw a 2011 increase of 18%.

Nearly all employers believe the GP fit note is ineffective with workplace sickness policies the answer, according to the Chartered Institute of Payroll Professionals (CIPP).