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Protection

Investment

Standard Life UK sales steady; Wrap users up 25%

Standard Life saw a marginal increase in gross inflows into its retail fee business in the three months to 30 September, as global financial markets volatility stunted investor sentiment.

clock 02 November 2011 •

Regulation

Martin Lewis tells PM: Force financial education in schools

MoneySavingExpert's Martin Lewis has written an open letter to Prime Minister David Cameron urging him to push through compulsory financial education in schools.

clock 01 November 2011 •

PMI

Groupama policies will continue to release claims data

Groupama Healthcare has said it will continue to release claims data for small group scheme policies after its merger with Simplyhealth.

clock 01 November 2011 •

Adviser / Broking

Biba and IIB reach merger agreement

The leaders of the British Brokers' Association and the Institute of Insurance Brokers have this morning announced a "momentous" merger agreement in a bid to produce a combined stance on future regulatory changes.

clock 01 November 2011 •

Regulation

FSA and OFT publish landmark guidance on designing PPI

The FSA and the OFT are consulting on guidance to firms in relation to payment protection products - the first time the FSA has become involved in the design of a specific product.

clock 01 November 2011 •

Insurer

Non-mortgage sales lifts L&G protection business

Legal & General has credited diversification into non mortgage related business for strong individual protection results that boosted its third quarter performance.

clock 01 November 2011 •

Adviser / Broking

Aviva launches investigation into 'cross-selling' error

Aviva has apologised for "cross-selling" discounted private medical insurance (PMI) to advisers' clients, in what the insurer has said was a mistake.

clock 01 November 2011 •

Cashplans

Paycare launches cash plan with complimentary cover

Paycare has launched a new healthcare benefit cash plan for employers to offer their staff.

clock 01 November 2011 •

Service

Insurance firm director banned for allowing £1.4m fraud

An insurance director banned and fined by the the Financial Services Authority (FSA) for allowing a £1.43m fraud which ended up bankrupting his company has had his appeal refused at the Upper Tribunal.

clock 01 November 2011 •

Investment

L&G protection boost hides flat group sales

Legal & General (L&G) reported strong sales in protection and savings investments in the third quarter, but slowing new business in individual annuities and insured savings meant group sales dipped 1%.

clock 01 November 2011 •
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