Aegon UK is proposing to make the role of protection distribution director redundant and has announced the exit of its head of protection proposition as part of wide-ranging changes to its protection unit.
Legal & General (L&G) is increasing the underwriting limits across its life insurance and critical illness (CI) products among other changes to its protection proposition.
The challenge for protection insurers in today's market is to adapt their approach so products are "bought, not sold", a report by Swiss Re concludes.
Legal & General (L&G) has simplified its underwriting processes for advised clients applying for life insurance, saying some 80% of applicants can now expect an immediate decision.
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.
Nucleus is set to expand the range of protection products available on the wrap to include inheritance tax and death-in-drawdown policies, among others.
Aviva has signed an exclusive three-year deal with the Lighthouse Group to provide life protection products through its national adviser division, Lighthouse Financial Advice (LFA).
The Association of Mortgage Intermediaries (AMI) has entered discussions with a number of stakeholders over the launch of a trade body for protection.
Advisers and providers reiterated the "catastrophe" that would befall the advice sector if the incoming Financial Conduct Authority (FCA) read across a ban on commission in the retail investment market to protection.
A suite of simple products designed to help consumers navigate the financial services market is to include a whole-of-life insurance plan.
Tom Baigrie, the chief executive of protection broker LifeSearch, has hit out at product providers for pretending to "police" advisers' relationships with their customers, a practice he dubbed "institutional petty theft".
Firms distributing 'payment protection' products - such as short-term income protection - must ensure salespeople do not have inappropriate incentives to sell them, the Financial Services Authority (FSA) has stressed in new guidance.
Insurer Aviva has announced its gender-day (G-Day) pipeline strategy, including I-E tax change details.
Parents prioritise everyday costs over longer-term financial planning due to misconceptions about affordability, latest research has indicated.
BATTLE OF THE SEXES
A QUESTION OF TRUST
Canada Life is converting its whole-of-life Flexible Life Plan into a pure protection product, meaning it can continue to pay commission post-Retail Distribution Review (RDR).