Protection

The Financial Ombudsman Service (FOS) has highlighted examples of bad protection advice from complaints referred to it during the recession.

Standard Life has stressed it will continue to have a "huge focus" on advisers following a restructure.

Aegon's proposed departure has put the UK protection market in a precarious position

Axa have re-affirmed their commitment to the private healthcare market and its Bluefin adviser group after selling its Life business to Resolution for £2.75bn.

Resolution has bought Axa's UK protection business as part of a deal for the whole of its Life organisation worth £2.75bn.

The integration of Friends Provident with Axa Life will lead to the launch of a "best of breed" protection proposition in 2011, Friends interim managing director Nathan Moss says.

Chancellor George Osbourne has announced insurance premium tax (IPT) will rise.

Medical assessments are to be introduced for those in receipt of the disability living allowance from 2013, the chancellor George Osborne has said.

Updated: Hundreds of jobs may be under threat after Aegon today unveiled plans to cut costs across its UK life and pensions business by 25% over the next 18 months.

Foresters Friendly Society is now providing probate broking, will writing and deceased estate property services to its members.