Protection

Aegon is to delist from the London Stock Exchange (LSE) next month as the benefit does not justify the cost, the insurer has announced.

The Financial Services Authority (FSA) has banned a self-appointed insurance broking director from performing regulated functions after he "misled" the regulator and acted dishonestly.

The Financial Services Consumer Panel (FSCP) has urged the Money Advice Service (MAS) to expand its offerings and ‘push regulatory boundaries' in order to help to close the advice gap.

Insurer Prudential is set to name Paul Manduca as its next chairman after a five-month search to replace Harvey McGrath, the Telegraph reports.

A number of large insurers face being killed off by the onset of the Retail Distribution Review (RDR) as they are "running out of proposition", a director at Ernst & Young has said.

Aviva has reported a buoyant first quarter in protection, with sales up a fifth on last year.

A week after Standard Life said it would not add an adviser charging facility to some legacy products, one adviser argues that not doing so could lead to an increase in transfers following the Retail Distribution Review (RDR).

Consumer watchdog Which? has today called on the Justice Secretary Ken Clarke to investigate creating tougher regulation around the activities of claims management companies (CMCs).

Advisers should broaden their business expertise to help clients plan more effectively for how long-term care fees will be paid, Partnership has said.

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