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Banks should allow consumers to select the benefits they want with their packaged accounts to help combat mis-selling of the products, Defaqto has said.
Medical insurance brokers have branded Defacto’s new private medical insurance (PMI) star ratings as ‘highly dangerous and not in the best interest of customers’.
Charlotte Richards talks to global equity income fund managers about the benefits (and drawbacks) of the new sector classification, and what is driving the performance of their portfolios.
Other Defaqto articles
Defaqto has released its Star Ratings for private medical insurance (PMI) for the first time.
The overwhelming majority of advisers using platforms are still aiming to remain independent after the implementation of the retail distribution review (RDR), with only a handful looking to retire, it has been suggested.
Almost a third of discretionary fund managers (DFM) cannot deal with direct investments into structured products, according to an analysis of the market.
Personal pension providers are failing to properly run existing business, according to research company Defaqto.
Choosing the right provider is key to advisers considering the business protection market Defaqto has said in a new guide to the sector.
More people have used professional advice when considering financial products than a year ago but the majority still do not see it as necessary, according to research.
There may be challenges currently affecting the SIPP market, but Andrew Leggett believes there is light at the end of the tunnel
The latest issue of COVER included a report that some members of the protection provider community, including the ABI, were unhappy with the way third party agencies rate products.
The Competition Commission’s first set of remedies for payment protection insurance (PPI) were introduced on Saturday.
Defaqto and other ratings agencies have been attacked for “driving the wrong behaviour” by encouraging product complexity and being “in danger of misleading consumers”.
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