News

Foster Denovo envisages the market will continue to experience similar challenges in the first half of 2010, and employers are going to be continually working to keep costs down.

Legal & General and Everyday Financial Solutions have agreed a sole-tied protection partnership.

Legal & General (L&G) has increased the maximum benefit on its Group Income Protection scheme from £300,000 to £350,000 for all new and switching schemes.

Nearly one in four employers has reduced their benefit costs by introducing a flexible benefits scheme, according to a survey of UK employers conducted by Mercer.

Bupa is set to provide early intervention and return-to-work support on all its group income protection (GIP) schemes with no increase in premiums.

Legal & General has rolled out its online new business system to its mortgage network, Legal & General Partnerships Services Limited (LGPSL).

Protection sales figures released by the ABI today show new single premium business crashed nearly 80% on last year while the group market is proving most resurgent in its recessional recovery.

Bupa has revealed that 2% of critical illness claims were declined due to non-disclosure between January and September 2009, compared to 8.6% in the same period in 2008.

Terminally ill cancer patients and people undergoing chemotherapy are being threatened with benefit cuts if they do not attend back-to-work interviews, warn Macmillan Cancer Support and Citizens Advice.

Fortis is offering advisers 10% additional commission for three months in recognition of its success at the ifs Financial Innovation Awards.