Whole of Life

Sales down 26% in last five years

Plus extra serious illness cover for children

AIG Life has launched an over fifties life plan with a range of benefits in a bid to aim the traditional direct-to-consumer offer into a mainstream adviser product, PA's sister title COVER has exclusively revealed.

To speed up application process

The Financial Conduct Authority (FCA) is planning to update its rules for retail clients advised to buy offshore life insurance bonds, affording them greater protection.

Canada Life has returned to the individual protection market with four life plans, two offering a critical illness add-on.

Insurer Aviva has vowed to drive up the number of products held by its customers following the integration of former rival Friends Life and launch of a direct to consumer service.

Five key developments all advisers should know

Protection providers should pay intermediaries more commission to help the industry experiment and grow, according to the founder of a comparison service.