Protection

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.

Scottish Equitable Protect has improved its online underwriting service to enabling IFAs to submit business more efficiently and cost effectively.

The FSA is amending its ICOB sourcebook to allow pure protection advisers to offer consumers pension term assurance from April 2006, albeit with enhanced requirements.

Three-quarters of UK parents with dependent children are unaware they may need more than just life insurance to protect their family's future, says Yorkshire Building Society.

Secretary of state for work and pensions, David Blunkett, has laid out a series of "principles" for the future of the Welfare State which have an increased emphasis on people helping themselves financially.