Mis-selling could be an unintended consequence

Protection mis-selling wil be real threat after RDR

Story by: David Pawsey, FinancialAdviser

Mis-selling of protection products could be an unintended consequence of the retail distribution review, the Association of British Insurers has warned.

  • Time published: 00.01
  • Date published: 02.07.2009
  • Published in: Insurance

Lloyds' Rob Devey to takeover helm of Prudential

Prudential has just announced Rob Devey will succeed Nick Prettejohn as chief executive of Prudential UK and Europe and to the board of the provider.

  • Date published: 02.07.2009

Insurance director fined £20k for AR control failings

The Financial Services Authority (FSA) has fined the director of an insurance broker £20,020 for control failings in relation to an appointed representative (AR) firm.

  • Date published: 02.07.2009

Distributors and providers must step in for IFAs

For consumers to regain confidence in the financial services industry, a consensus must be reached about how clients no longer in contact with their IFAs are treated, according to Aviva.

  • Date published: 02.07.2009

Fortis supports distinguishing between providers

Advisers should be extremely selective in the providers they deal with in order to provide the most efficient service for their clients, according to Fortis Life UK.

  • Date published: 02.07.2009

Uncertainty is pushing up sales of personal insurance - survey

Nearly two-thirds of advisers say personal insurance is becoming a higher priority a result of economic uncertainty today, according to the 2009 Protection Review.

  • Date published: 02.07.2009

Brave new world awaits distribution sector - Pacific Life Re

Distribution could be the biggest challenge the protection industry faces in a post-retail distribution review world, according to Pacific Life Re.

  • Date published: 02.07.2009

Onus is on sector to reach out to consumers - Friends

Consumer trust in all aspects of financial services has been damaged as a result of the banking crisis, according to Friends Provident.

  • Date published: 02.07.2009

L&G relaxes medical underwriting requirements

Legal & General (L&G) has scrapped the need for GP reports in its underwriting criteria for applicants under the age of 40, in an attempt to speed up the process of getting the client 'on risk'.

  • Date published: 01.07.2009

Protection IFAs upbeat about future

Protection IFAs are becoming increasingly confident as the year goes on, with particular optimism about the outlook for future protection sales, according to Legal & General's (L&G's) latest index.

  • Date published: 30.06.2009

TEP Exchange temporarily suspended from AIM

TEP Exchange Group, the web-based platform for trading endowment policies, has had its listing on the Alternative Investment Market (AIM) temporarily suspended.

  • Date published: 29.06.2009

Feature

Firing Line: Neil Pointon

Neil Pointon, chief executive of PYV, talks to Lindsey White about how he left the muddy fields of Leicestershire to join the insurance industry where he strives to produce outcomes that benefit all parties.

  • Time published: 00.01
  • Date published: 25.06.2009
  • Published in: Insurance

Advertising

Feature

A huge step in the right direction

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.

  • Time published: 00.01
  • Date published: 02.07.2009
  • Published in: Insurance

Feature

Life – but not as we know it

Why are sales of the infamously expensive over 50s plans soaring, when those of other types of protection are falling? Helen Pridham looks for an answer

  • Time published: 00.01
  • Date published: 01.07.2009
  • Published in: Insurance

Feature

Bed-side manner

Employee assistance programmes have soared in popularity, offering an improved employee experience when becoming sick

  • Time published: 00.01
  • Date published: 25.06.2009
  • Published in: Insurance

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