Both small businesses and the self-employed suffer from a lack of understanding of benefits and payout rates.
As a result of both the indemnity commissions and the renewal commissions, Canada Life say advisers are losing out on revenue.
Firms finds blends of annuity and drawdown style products to be the most efficient way to move forward.
Proportion of adviser complaints has doubled in the last financial year, but total complaints are down.
Developing apps can be expensive, but experts say updates can bring benefits at a fraction of the cost.
Board member follows chief executive out the door.
Analysis & Opinion
Advertorial: Charity-led project aims to raise public awareness of the financial impact of long term illness.
Changes include requiring insured parties to make a ‘fair presentation of the risk’ to insurers.
It’s the spring, which means insurers are busy publishing their claims paid statistics.
More on Life Assurance
Apr 13, 2015
Innovation will increase the sale of protection, SJP’s divisional director says.
From Pensions| Apr 09, 2015
Varied requests across industry, but most cash-in callers confirmed as those with small pension pots.
From Pensions| Apr 07, 2015
Providers tell FTAdviser they are only contacting those customers who are approaching retirement.
From Your Industry| Mar 26, 2015
In December last year, Aviva agreed to buy Friends Life in a deal worth £5.6bn