News

Two thirds of small businesses believe the death of a key employee would have a severe impact on their business, yet few have key employee insurance, according to Scottish Provident.

Speculation is mounting that Insurance Premium Tax (IPT) will be increased in next week's Emergency Budget, with expectations that it could double to 10%.

PruHealth and PruProtect will be running regional training workshops for their new product launch Health Cover and Health Cover Optomiser.

Advisers are concerned service quality could suffer if Resolution succeeds in a takeover of AXA's annuity, protection and group pension business.

Resolution Group, the consolidation vehicle which bought Friends Provident last year, is in talks to buy AXA UK's annuity, protection and group pensions business for £2.75bn.

Aegon is looking at its method of remunerating advisers selling protection products.

Discovery has outlined some of its plans for Standard Life Healthcare and its integration into the PruProtect and PruHealth camp.

Aegon has introduced a new range of online support material aimed at the business protection market.

Health insurer WPA has announced a trio of changes, within its individual and large corporate markets and in its relationship with advisers.

The reinsurer has reported an increase in sales of new term assurance, critical illness and whole life insurance in 2009, while income protection sales fell. However, the ‘Protection Gap' has widened further.