Protection

Virgin Money has unveiled a new type of limited condition critical illness insurance targeted as individuals seeking financial protection in the event of cancer.

Regulation

Bright Grey is encouraging advisers to register now for the launch of its new extranet in January designed to enable them to get full online quotes as well as apply online.

Rate war

City Connexions, a new entrant to the mortgage payment protection market has announced further distribution agreements beyond Personal Touch Financial Services.

Support has been lent the FSA by the ABI over its work on capital adequacy, following publication of a briefing note over the regime adopted one year ago.

The critical illness market should change to focus on the financial losses people face rather than the severity or list of illnesses included in product terms, according to protection industry officials.

Financial services companies increasingly view Treating Customers Fairly (TCF) as a commercial issue to embrace rather than a compliance issue or regulatory threat, according the Council of Mortgage Lenders (CML).

IFAs as well as representatives from protection product providers, charities, trade and consumer bodies and charities will meet at a special event next month to formulate an industry-wide response to the ABI's critical illness consultation.

The Association of Mortgage Intermediaries (Ami) has today launched its One Year On campaign, calling for input from brokers on their experiences.