Protection

The Competition Commission (CC) has confirmed the banning of payment protection insurance (PPI) sales at the point of credit sale for seven days and introduced a wide range of rules governing the product.

The ABI has revealed it is opposed to a public compulsion to pay for future long-term care (LTC) needs.

The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority's decision to schedule a stress test during the implementation of Solvency II.

Market experts have slammed both the system, products and levels of available advice in the self pay long term care (LTC) market.

The immediate needs annuity market for long-term care (LTC) could be increased to seven times its current size, according to new research.

Simple protection products need baseline standards and a goverment recognised stamp of approval, according to the chairman of trade body Protect.

Sesame Bankhall, the combined IFA network and support services proposition, saw profits jump 66% last year to £5m.

Friends Life is to consolidate its individual protection streams onto a single platform, based around the recently acquired Bupa proposition.

Life cover for women could rise by up to 30% after the announcement of a new tax structure for protection products and other recent industry developments, according to RGA.

The Government will no longer remove the mobility component of the Disability Living Allowance for people in residential care.