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News

Insurer

IP Campaign: Ageas overhauling IP proposition

Ageas has confirmed it is looking for a "clearer strategy" for its income protection (IP) product as the market moves to own occupation underwriting.

clock 30 March 2012 •

Insurer

Partnership funding athletes

Partnership is launching a mentoring and financial support scheme for young athletes in surrey, where the long term care annuity provider has offices.

clock 30 March 2012 •

Regulation

ABI: Simplified advice 'unlikely to work in practice'

The Association of British Insurers (ABI) has said the Financial Services Authority's (FSA) stance on simplified advice means members are unlikely to develop propositions in the area.

clock 30 March 2012 •

Insurer

Friends Life paid 90% 0f 2011 CI claims

Friends Life paid 90% of claims under its critical illness plans last year., 1,565 claims admitted and processed out of 1,733.

clock 30 March 2012 •

Marketing

Annual cost of insurance fraud over £2bn - NFA

There has been a significant increase in organised insurance fraud, the National Fraud Authority (NFA) has found but not targeted at protection and health insurance markets.

clock 29 March 2012 •

PMI

Cancer Research announces £50m drug development fund

Cancer Research UK's commercial arm, Cancer Research Technology, (CRT), and the European Investment Fund (EIF) have created a £50m investment fund bridging a funding gap between cancer drug discovery and early development.

clock 29 March 2012 •

Adviser / Broking

Simplified advice: FSA holds firm on qualifications and complaints

The FSA today said individuals making personal recommendations to retail clients via a simplified advice process must be qualified to the same minimum standard as those providing full advice.

clock 29 March 2012 •

Long Term Care

Partnership offers advisers LTC training as FSA warns on sector

Following FSA warnings advisers cannot afford to ignore the care sector, annuity provider Partnership is offering advice to IFAs who want to enter the care fees advice arena.

clock 29 March 2012 •

Group PMI

WPA reasserts IPT position on Corporate Deductible schemes

Private Medical Insurance (PMI) provider WPA has released evidence the tax treatment of its Corporate Deductible schemes is sanctioned by the taxman.

clock 29 March 2012 •

Employee Benefits

Employee welfare requires cooperation or fails - Simplyheath

Employing wellbeing strategies in the workplace will backfire if the workforce believe the aim is to get more work out of them Simplyhealth has said.

clock 28 March 2012 •
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