Protection

The Financial Services Authority has set out its likely proposals for implementing the client categorisation provisions in the Markets in Financial Instruments Directive (Mifid).

Scottish Widows is developing a menu of protection products for intermediaries and is asking for their thoughts on what features should be included.

As a manager closely involved in the Financial Services Authority's insurance regime, Stephen Walton warns the regulator will be taking a much tougher stance from now on towards firms which breach its rules.

Standard Life has announced its pension term assurance Life Insurance with Tax Relief (LITR) is now available online.

Financial adviser firms still need to improve their 'treating customers fairly' (Tcf) practices, according to the Financial Services Authority (FSA).

The proposal to block the routine NHS use of two drugs for advanced bowel cancer has raised questions about how expensive drugs can be funded and whether there is a role for critical illness cover in this area.

MPPI provider City Connexions has announced it is closing to all new business as of today.

Intermediaries have hit out at providers who are increasingly cutting premiums and then applying exclusions, loadings and additional conditions to reduce their risk.

The Financial Services Authority will consult later this year on how firms' complaints-handling requirements may change as a result of the Markets in Financial Instruments Directive (Mifid).

I finally started thinking about getting some kind of financial protection on Monday, but I've since discovered most insurers won't pay out for alcohol abuse - which could be a problem in my career as a journalist!