Protection

Bright Grey is incorporating the Association of British Insurers' new critical illness definitions from the start of next week and is adding four new illnesses to its cover.

Bupa has confirmed it is in preliminary discussions over the sale of its UK hospitals division, a move which is expected to generate around £1bn for the healthcare group.

Chris Phillips, the outgoing chief executive of Scottish Widows Investment Partnership, has died suddenly during a walking holiday in Spain.

The number of young people buying life cover fell by 5% to 31% of all protection policies written by Lifesearch during the last 12 months, according to figures from the firm.

Most traditional investment funds major on one sort of asset. They're equity funds, bond funds or property funds.

Gordon Brown has just delivered his 11th and almost certainly his last Budget if he is to take over the reins of Prime Minister from Tony Blair this autumn. A few pennies off one tax and a few on another has left most of us wondering who is better off...

regulation

I imagine Ed Balls raised a lot of hopes in the protection industry following his announcement that insurance will be a key priority for the next steps of the government's financial inclusion strategy.

The Financial Services Authority has reached an agreement with the payment protection insurance industry which aims to stop firms including nil refund terms in contracts with customers.