The outlook for the financial services sector is seen to be improving as a consequence of the Retail Distribution Review (RDR) but the majority of advisers report protection sales continue to lag following its introduction.
The courts have ruled FOS decisions are final - meaning claimants cannot then take their cases to the courts. But what are the consequences for financial advisers?
The "improper" allocation of trades in fixed income securities by two former employees cost Aviva Investors some £132m, it has announced.
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Skandia, which re-entered the advised protection market last year, paid out on 96% of critical illness insurance (CII) claims in 2013.
All the major retail banks and most medium-sized and smaller firms have made "significant" changes to their sales incentive schemes, but concerns over enticements linked to bank investment and protection sales remain, the Financial Conduct Authority (FCA) reports.
Our industry is its own worst enemy when it comes to provoking inert client behaviours. Legal & General Retail Protection's Mark Holweger looks at what advisers can do to overcome it
Nottingham Building Society is to offer whole-of-market mortgage and protection advice across its branch network.
Aegon UK is proposing to make the role of protection distribution director redundant and has announced the exit of its head of protection proposition as part of wide-ranging changes to its protection unit.
Legal & General (L&G) has set up a small team focused on providing tax solutions to high-net worth (HNW) clients of discretionary fund managers (DFMs) and the advisers who use them.
The ABI and Department of Health are working together to help grow the LTC market. The need is there, but when is the right time to start talking to clients about care costs?
Royal London Asset Management (RLAM) has reported a record year for external new business in 2013, with gross inflows up almost 70%, a highlight in a strong set of results for its life company parent.
Aviva has withdrawn its corporate hospitality events for its life distributors following the release of the Financial Conduct Authority's (FCA) final guidance on inducements and conflicts of interests.
New initiatives around funding long-term care will likely benefit only high-net worth consumers, while less wealthy people will still end up selling their homes to fund care, Zurich has suggested.
Pensions provider Just Retirement has launched an ‘immediate needs' annuity for people facing long-term care costs.
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