Protection

Two-thirds of IFAs do not account for long-term care within clients' financial planning; according to a survey.

An inquiry into the future of long term care and how best to prepare people for its cost has been launched by a group of MPs and peers.

CLIENT HELP

Professional indemnity insurance (PII) underwriter Chubb is withdrawing from the market for financial advisers.

Research from Scottish Widows shows fewer people are buying protection even though they know savings are insufficient to cope in the event of lost income.

Aviva Investors sent an e-mail by mistake on Friday dismissing its entire staff before retracting the message, according to reports.

Banks and consumer groups are to meet on Monday with a view to "restoring trust" in the process of making payment protection insurance (PPI) claims direct to the provider.

Consumer group Which? has listed absolute return funds and task-based income protection cover among a list of 'financial products to avoid'.

FIVE THINGS

The government must conduct a full review of the 'uncontrollable' cost of regulation and the impact it is having on businesses, according to Tenet.