News

The dominance of mis-selling claims about protection products remains an issue for the industry, the Financial Ombudsman's Melissa Collett has warned.

A new group life brand, Havensrock, insured by Scottish Friendly and distributed by advisers PSHPC, has launched to the market with a proposition recognising that not all industries share the same risk.

The Competition and Markets Authority (CMA) has published a final order confirming timescales for reforms following its investigation into the private medical insurance (PMI) market.

Zurich is to extend its distribution capacity offered through Openwork advisers following the adviser network's with over 900 new protection advisers.

Reforms simplifying what happens when someone dies without leaving a will came into force on 1 October.

Advisers and insurers believe improved trust would be the most likely factor to increase protection sales while technology is at the bottom of the agenda, a poll has found.

Canada Life Group Insurance has added a treatment sourcing service to its group income protection (GIP) and group critical illness (CGI) schemes providing fixed-price private medical treatments tailored to an individual's circumstances.

ACE Group has launched an income protection product, Sickpay Plus, where claims can be made from 8 days after an individual is signed off as sick or injured.

Pre-tax profit at Saga dropped by £60m in the six months to 31 July 2014 with IPO costs totalling £50.8m.

Unum has urged the government to improve take-up of income protection (IP) through four key steps including channels such as the Money Advice Service (MAS) raising awareness of sickness absence.