Story by: David Pawsey, FinancialAdviser
LV= has extended its offer to remove the initial 60 day unemployment claim exclusion for customers who replace their existing unemployment cover with the provider's Mortgage & Lifestyle protection product.
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Insurers must design and distribute more straightforward products, according to Lord Turner of Ecchinswell.
Finally some good news. A report by the Fos has highlighted that just three per cent of complaints made to the ombudsman were against IFAs, and problem areas are being ironed out by the industry.
Living Time’s Offer More Options campaign has come on leaps and bounds in the last few months with a 1000 IFAs backing it.
With savers concerned about declining interest rates, Legal & General International (Ireland) has joined forces with HSBC to provide a series of structured deposits, to offer customers potentially better returns than are currently available on traditional deposit accounts.
Barclays Bank’s approach to switching clients from one product to another should be probed following a Financial Ombudsman Service provisional ruling against the banking giant, according to an IFA.
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The concoction of longevity, the A-Day simplification and the pending personal accounts all adds to the retirement planning melting pot.
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Living Time’s Offer More Options campaign has come on leaps and bounds in the last few months ...