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Protection

Regulation

FOS pushes ahead with plans to name firms involved in disputes

The Financial Ombudsman Service (FOS) looks set to hold its ground on plans to include the names of businesses involved when it starts publishing final decisions.

clock 31 January 2012 •

Group Protection

Online business set to grow - Canada Life

Canada Life has revealed that almost half of its small scheme new business is being done online.

clock 31 January 2012 •

Investment General

Friends Life to pull £2.3bn of assets from F&C

F&C Asset Management has told investors it expects to take a £2.3bn hit to its assets under management this year when Friends Life withdraws money from its annuities business.

clock 31 January 2012 •

Insurer

Friends Life poaches Ageas' head of sales

Friends Life has made two senior protection appointments including poaching Ageas' head of sales.

clock 31 January 2012 •

Adviser / Broking

Lifesearch sees protection growth

Lifesearch has bucked the trend of declining protection sales with a significant growth in business last year.

clock 30 January 2012 •

Regulation

FSCS spent nearly £400m on management expenses last year

The Financial Services Compensation Scheme (FSCS) spent nearly £400m on management expenses in the 2010/11 year as it took in nearly £1bn in levies and paid out over £535m in compensation.

clock 30 January 2012 •

Service

Aviva shares fall 3% as MetLife buys overseas arms

Aviva's share price fell 3.12% today after it announced it will sell three of its overseas arms to MetLife.

clock 30 January 2012 •

Marketing

Protection products most complex - ABI

Critical illness (CI) and mortgage payment protection insurance (MPPI) are among the most complicated financial products for consumers to understand, the ABI has found.

clock 30 January 2012 • 1 min read

Critical Illness

Bright Grey ups CI claims paid

Bright Grey paid out 91% of critical illness (CI) claims in the last six months of 2011.

clock 30 January 2012 •

Group Protection

Brits most stressed workers in world

Workplace stress has reached a four-year high with British workers being the most stressed compared to colleagues in some of the world's biggest economies, a new report has found.

clock 30 January 2012 •
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