The government is aware a considerable expansion in the group income protection market (GIP) is one option for its review of the welfare and sickness absence system.
The ABI has given its backing to the Treasury's simplified products proposal and highlighted the need for a government supported replacement to payment protection insurance (PPI).
HMRC will stage a series of open meetings to discuss the ‘substantial amount of work' remaining on the reclassifying protection business for providers under a new tax regime.
The Competition Commission (CC) has confirmed the banning of payment protection insurance (PPI) sales at the point of credit sale for seven days and introduced a wide range of rules governing the product.
The ABI has revealed it is opposed to a public compulsion to pay for future long-term care (LTC) needs.
Ark Financial Leads has launched a service to provide advisers with telephone qualified income protection (IP) leads.
The immediate needs annuity market for long-term care (LTC) could be increased to seven times its current size, according to new research.
Simple protection products need baseline standards and a goverment recognised stamp of approval, according to the chairman of trade body Protect.
Life cover for women could rise by up to 30% after the announcement of a new tax structure for protection products and other recent industry developments, according to RGA.
The government has announced plans to abolish life assurance premium relief (LAPR) in the budget.