Co-chairman of the Income Protection Task Force (IPTF) Clive Waller is to step down from his role at the end of this year.
More than £10bn has now been returned to payment protection insurance (PPI) policyholders by the banks and building societies that mis-sold it to them, according to the latest figures from the Financial Conduct Authority (FCA).
Aegon UK has launched a simple life protection product providing up to £500,000 worth of cover to advised clients aged between 18 and 49.
Insurance pioneer Clive Cowdery has tabled a bid for a US insurer in the tycoon's first attempt to enter the American market.
Provider Aegon UK has hired John Wilkinson, previously head of protection and investments at Nationwide Building Society, as protection director.
Royal London is to launch a direct to consumer proposition next year, comprising 'basic' savings and protection products that do not require advice.
LV= is launching a simplified income protection product, ‘Sick Pay Insurance'.