Protection

The outlook for the financial services sector is seen to be improving as a consequence of the Retail Distribution Review (RDR), but most advisers report protection sales continue to lag following its introduction.

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The "improper" allocation of trades in fixed income securities by two former employees cost Aviva Investors some £132m, it has announced.

Skandia, which re-entered the advised protection market last year, paid out on 96% of critical illness insurance (CII) claims in 2013.

All the major retail banks and most medium-sized and smaller firms have made "significant" changes to their sales incentive schemes, but concerns over enticements linked to bank investment and protection sales remain, the Financial Conduct Authority (FCA)...

Client inertia is a powerful problem in financial services, according to L&G

Aviva has launched a specialist protection team to offer a tailored service for protection cases with high levels of cover and large premiums.

Nottingham Building Society is to offer whole-of-market mortgage and protection advice across its branch network.

Legal & General (L&G) has set up a small team focused on providing tax solutions to high-net worth (HNW) clients of discretionary fund managers (DFMs) and the advisers who use them.

Fiona Murphy asks what does the ABI's social care Statement of Intent mean for the long-term care market?