Protection

A key member of the new management team overseeing Bright Grey and Scottish Provident has admitted branding difficulties may arise as the former prepares to launch a new product.

Compensation claims against collapsed investment firms and home finance brokers will be 100% protected up to a £50,000 limit from the beginning of next year, the FSA confirmed today.

Bright Grey has bemoaned the ambiguity in the critical illness (CI) claims process after revealing a sixth of claims were declined due to the definition not being met last year.

Royal London maintains its similar Bright Grey and Scottish Provident protection propositions will remain separate after unveiling the management team that will oversee both brands.

Advisers expect to be selling 20% more protection cover within six months, a survey suggests.

A series of roadshows designed to help advisers sell more protection cover is being jointly launched by Direct Life & Pensions (DLP) and PruProtect.

Friends Provident has launched an online toolkit it says will help advisers enhance their protection selling skills.

Independent financial advisers are becoming increasingly interested in US life settlement (LS) policies.

More than a third of consumers admit to intentional non-disclosure when applying for a critical illness (CI) policy, an FSA study suggests.

Income protection (IP) is in the news for a number of reasons right now.