Protection

The issue of long-term care funding was brought into the spotlight again this week after a report from the Commission for Social Care Inspection criticised the standard of home care services.

Over one fifth of advisers place less than one tenth of their protection business in trust, according to research from Standard Life.

Almost every day I see an article and comments from one sector or another stating that the solution to our ills is education for consumers on the need for protection policies.

The Office of Fair Trading is to refer the entire UK payment protection insurance (PPI) market to the Competition Commission following a damning report which reveals consumers are being failed by the PPI market.

The second Financial Services Authority (FSA) review of payment protection insurance has revealed some firms are still failing to treat their customers fairly.

Risk Placement Services is considering extending its offering beyond the ‘special risks' market to help improve sales of income protection and critical illness insurance.

Zurich is launching a guaranteed whole of life policy for consumers who are prepared to pay more for the certainty rates will not change.

The Association of British Insurers is backing calls for the government to remove tax disincentives for employers who provide occupational health services.

Swiss Re has announced it is acquiring GE Life for £465m and anticipates completion of the deal by the end of 2006.

Omagh Independent Advice Service has launched a website for cancer patients to help them deal with the financial impact of sudden illness.