Income Protection

LV= will switch its protection business to gender neutral rates on 1 December and has announced its pipeline strategy for advisers.

FIVE THINGS

A decision by HSBC to set aside a further £340m to fund payment protection insurance (PPI) compensation claims has taken the amount banks have now earmarked for PPI mis-selling redress to almost £10bn, a report says.

Online adviser support on I-E tax changes and the gender directive has been launched by LV=.

FIVE THINGS

Aegon UK is in exclusive talks with third-party specialists Serco regarding outsourcing the administration of its protection business.

Doctors have hit back at proposals that would force them to encourage patients to stay in or go back to work as soon as possible.

The Protection Review and Income Protection Task Force (IPTF) have produced a list of the top ten things consumers should be aware of when purchasing income protection (IP).

The Income Protection Task Force (IPTF) is holding a heads of state meeting for CEOs of the major income protection providers.

Jelf has warned that many of the key recommendations of the Sickness Absence Review are unlikely to ever be realised and called its decision to ignore income protection (IP) as ‘madness'.