News

The FSA and the OFT are consulting on guidance to firms in relation to payment protection products - the first time the FSA has become involved in the design of a specific product.

Legal & General has credited diversification into non mortgage related business for strong individual protection results that boosted its third quarter performance.

Aviva has apologised for "cross-selling" discounted private medical insurance (PMI) to advisers' clients, in what the insurer has said was a mistake.

Paycare has launched a new healthcare benefit cash plan for employers to offer their staff.

It appears the Chair of the NHS Commissioning Board pays for private care after he admitted to not using the NHS.

Royal Bank of Scotland (RBS) has been offered £4bn for its insurance arm by private equity group CVC Capital Partners.

Aon has reported a 51% increase in total revenue to $2.7bn (£1.7bn) for the third quarter of 2011 compared to the same period of 2010.

Aviva has overhauled its cancer coverage for both individual and group private medical insurance (PMI) schemes.

Avelo Exchange has extended its income protection service to intermediaries with the addition of British Friendly's Income Protection plan.

The number of women claiming sickness benefits is rising much faster than for men according to analysis of Department of Work and Pensions (DWP) statistics by Legal & General.