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Protection

Protection

HMRC sheds light on pipeline PTA cases

Clients must be on risk before midnight on 5th December to benefit from tax relief on pension term assurance policies, according to HMRC.

clock 08 December 2006 •

Protection

Customer control cuts CI claims time

Giving customers the option to take a critical illness medical report form to their doctor directly reduces the claim period by two weeks, according to Norwich Union Life.

clock 08 December 2006 •

Protection

PTA: act now or face mis-selling claims

Consultant Watson Wyatt says life companies will 'have to move fast' on PTA to avoid any potential mis-selling claims in future.

clock 08 December 2006 •

Protection

Have Your Say: Advisers respond to PTA withdrawal

Financial advisers have reacted angrily to the government's decision to review the rules around the sale of standalone life cover with tax relief, otherwise known as pensions terms assurance (PTA.

clock 07 December 2006 •

Protection

Providers begin mass exit from PTA

Several protection providers have already pulled out of the pension term assurance market this morning and more are expected to do so later today, following comments in the Pre-Budget Report suggesting the product was being misused.

clock 07 December 2006 •

Protection

Minimum standards needed for tele-underwriting

Progress from Royal Liver is calling for the Association of British Insurers to introduce minimum standards for tele-underwriting which all providers must adhere to.

clock 07 December 2006 •

Protection

Life-changing events not triggering protection

Only a quarter of UK adults believe it is important to make future protection provisions when starting a family, according to research from Co-operative Insurance.

clock 07 December 2006 •

Protection

Standard Life pulls plug on PTA

Standard Life has announced it is withdrawing its pension term assurance policy as of today, following strong hints by the Treasury it will withdraw the right to use the product.

clock 06 December 2006 •

Protection

Non-contestability period will result in selective cover

The Law Commission's proposal to introduce a non-contestability period into protection policies will cause insurers to be more selective about which clients they put on their books, according to speakers at an RGA life insurance conference.

clock 06 December 2006 •

Protection

RPS launches online adviser centre

Risk Placement Services has launched an online adviser centre which aims to save advisers time and money when getting quotes for ‘non-standard' protection.

clock 04 December 2006 •
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