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The FSA will extend its consultation on planned Payment Protection Insurance (PPI) market reforms by six weeks, further delaying fair treatment for customers says an independent consumer panel.
General insurance brokers could be hit with a £20m bill from the Financial Services Compensation Scheme (FSCS) and a further £40m hike next year as the fallout from payment protection insurance (PPI) continues.
Paul Robertson talks to Dennis Smith about quality standard marks, HSBC’s choice to implement this initiative and the bank’s protection plans
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Do you think the FSA gives value for money, or would Conservative plans to transfer its powers to the Bank of England be a reasonable course of action?
With income drawdown complaints on the rise Fiona Tait takes a look at why this may be and attempts to explode some myths around this product.
The FSA says it will issue a policy statement on responses to its consultation on payment protection insurance (PPI) next year.
Hugo, a teacher, has a mortgage and three separate loans. All have payment protection insurance(PPI) associated on an individual basis. He has recently started a family and is looking at a broader policy. He is healthy but has a BMI of 34. What would be suitable?
The changing face of ASU market throws up opportunities for IFAs, says Alastair Hardie
Swiss Re’s Term and Health Watch 2009 saw that income protection (IP) sales have risen in the last year. That upturn, however, has been directly attributed to the actions of HSBC. With sales of other protection products falling, what do these results mean for the protection industry?
Last month, I covered some of the outstanding matters raised in the IP Task Force White Paper that need to be resolved in order to remove any potential consumer detriment at claims stage for income protection (IP) insurance.
Was the ban on payment protection insurance (PPI) sales by credit providers at the point at which credit is taken out a victory for consumers?
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Susan Barclay, head of marketing at Scottish Provident, explains why it can be advantageous to divide a client’s protection outlay between different products and how the task can be greatly facilitated by using menu-based format .
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