Professional Adviser www.professionaladviser.com Partner Insight: How can the protection industry help minimise the strain on the NHS? <img alt="Partner Insight: How can the protection industry help minimise the strain on the NHS?" src="https://www.professionaladviser.com/api/v1/wps/9442da7/91516f59-e107-4a59-82c0-9c364e97974c/5/Craig-pic-roi-1-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/9442da7/91516f59-e107-4a59-82c0-9c364e97974c/5/Craig-pic-roi-1-185x114.jpg https://www.professionaladviser.com/sponsored/4124322/royal-london-pa-23-protection-industry-help-minimise-strain-nhs https://www.professionaladviser.com/sponsored/4124322/royal-london-pa-23-protection-industry-help-minimise-strain-nhs https://www.professionaladviser.com/sponsored/4124322/royal-london-pa-23-protection-industry-help-minimise-strain-nhs Thu, 21 Sep 2023 05:34:35 +0000 Life insurers aiming to increase automation in next five years <p><!--summary start--> New industry survey shows life insurance providers are targeting greater adoption of automated processes by 2026. <!--summary end--></p> https://www.professionaladviser.com/news/4034420/life-insurers-aiming-increase-automation https://www.professionaladviser.com/news/4034420/life-insurers-aiming-increase-automation Wed, 14 Jul 2021 06:36:07 +0000 Jiten Varsani: The true value of the life insurance adviser <p><!--summary start--> Jiten Varsani, mortgage and protection adviser at London Money, writes in response to a negative life insurance report published in the recent edition of the Sunday Times... <!--summary end--></p> https://www.professionaladviser.com/opinion/4033682/jiten-varsani-true-value-life-insurance-adviser https://www.professionaladviser.com/opinion/4033682/jiten-varsani-true-value-life-insurance-adviser Wed, 30 Jun 2021 06:29:08 +0000 Woman sentenced for fraudulent life insurance claim <p><!--summary start--> A London woman has been sentenced for making a fraudulent life insurance claim on her husband’s life insurance policy <!--summary end--></p> https://www.professionaladviser.com/news/4028591/woman-sentenced-fraudulent-life-insurance-claim https://www.professionaladviser.com/news/4028591/woman-sentenced-fraudulent-life-insurance-claim Tue, 16 Mar 2021 16:14:57 +0000 Pandemic fears reboot interest in dwindling life insurance market - adviser's research <p><!--summary start--> The coronavirus pandemic and its massive impact on daily life has sparked renewed interest in life insurance after five years of falling sales, according to Salisbury House Wealth. <!--summary end--></p> https://www.professionaladviser.com/news/4017784/pandemic-fears-reboot-interest-dwindling-life-insurance-market-adviser-research https://www.professionaladviser.com/news/4017784/pandemic-fears-reboot-interest-dwindling-life-insurance-market-adviser-research Wed, 15 Jul 2020 07:12:28 +0000 Aviva CEO Tulloch to review group management structure as Briggs exits <p><!--summary start--> The board of Aviva has announced group CEO Maurice Tulloch is set to carry out a review of the insurance giant's UK business and introduce an "appropriate management structure", as Andy Briggs, CEO of UK insurance, steps down from his role. <!--summary end--></p> https://www.professionaladviser.com/news/3074496/aviva-ceo-tulloch-review-management-structure-briggs-exits https://www.professionaladviser.com/news/3074496/aviva-ceo-tulloch-review-management-structure-briggs-exits Wed, 24 Apr 2019 07:10:00 +0000 F&TRC rolls out age-banded critical illness analysis for advisers <p><!--summary start--> F&TRC has added functionality into its Quality Analyser system that enables advisers to compare critical illness (CI) policies based on an individual's personal circumstances - such as age, gender and term of the plan. <!--summary end--></p> https://www.professionaladviser.com/news/3063522/-trc-rolls-age-banded-critical-illness-analysis-advisers https://www.professionaladviser.com/news/3063522/-trc-rolls-age-banded-critical-illness-analysis-advisers Thu, 27 Sep 2018 11:23:00 +0000 One in eight would need to sell home without income - Zurich <p><!--summary start--> More than half of UK adults (53%) have had to take unplanned leave from work through injury, sickness or unemployment, yet do not have financial backing in case it happens again, according to research by Zurich. <!--summary end--></p> https://www.professionaladviser.com/news/3063037/-sell-home-income-zurich https://www.professionaladviser.com/news/3063037/-sell-home-income-zurich Wed, 19 Sep 2018 11:23:23 +0000 L&G updates critical illness policy with RedArc services <p><!--summary start--> Legal & General has updated its critical illness product by partnering with RedArc to introduce six additional support services for its customers. <!--summary end--></p> https://www.professionaladviser.com/news/3022064/-updates-critical-illness-policy-redarc-services https://www.professionaladviser.com/news/3022064/-updates-critical-illness-policy-redarc-services Tue, 28 Nov 2017 15:13:11 +0000 Aegon pays 95% of critical illness claims <p><!--summary start--> Aegon paid 95% of individual critical illness (CI) claims in the first half of 2017, maintaining the same level of CI claims that were paid for the whole of 2016. <!--summary end--></p> https://www.professionaladviser.com/news/3015438/aegon-pays-critical-illness-claims https://www.professionaladviser.com/news/3015438/aegon-pays-critical-illness-claims Thu, 10 Aug 2017 11:34:33 +0000 Up to £500m of 'dormant' assets in pensions and insurance sector <p><!--summary start--> Up to £500m of 'dormant' assets is currently sitting in the insurance and pensions sector, according to an independent government commission. <!--summary end--></p> https://www.professionaladviser.com/news/3005793/-gbp500m-dormant-assets-pensions-insurance-sector https://www.professionaladviser.com/news/3005793/-gbp500m-dormant-assets-pensions-insurance-sector Fri, 3 Mar 2017 12:41:00 +0000 Scottish Widows updates critical illness definitions <p><!--summary start--> Scottish Widows has updated the critical illness definitions for Scottish Widows Protect. <!--summary end--></p> https://www.professionaladviser.com/news/3004945/scottish-widows-updates-critical-illness-definitions https://www.professionaladviser.com/news/3004945/scottish-widows-updates-critical-illness-definitions Mon, 20 Feb 2017 11:57:05 +0000 Revealed: Finalists for the International Fund and Product Awards 2015 <p><!--summary start--> Professional Adviser is pleased to announce the finalists for the 16th International Fund and Product Awards. <!--summary end--></p> https://www.professionaladviser.com/news/2419416/revealed-finalists-international-fund-product-awards-2015 https://www.professionaladviser.com/news/2419416/revealed-finalists-international-fund-product-awards-2015 Mon, 27 Jul 2015 13:50:00 +0000 Protection Watch: Kevin Carr's verdicts on five recent developments <p><!--summary start--> Professional Adviser's protection detective Kevin Carr delivers his verdicts on five key developments in the protection space in the last month... <!--summary end--></p> https://www.professionaladviser.com/feature/2412945/protection-watch-kevin-carrs-verdicts-recent-developments https://www.professionaladviser.com/feature/2412945/protection-watch-kevin-carrs-verdicts-recent-developments Mon, 15 Jun 2015 16:45:12 +0000 FCA cancels permissions of Goldthorn after compulsory liquidation <p><!--summary start--> The Financial Conduct Authority (FCA) has cancelled the permissions of insurance and mortgage broker Goldthorn Mortgage & Insurance Services following the liquidation of the company. <!--summary end--></p> https://www.professionaladviser.com/news/2287362/fca-cancels-permissions-goldthorn-compulsory-liquidation https://www.professionaladviser.com/news/2287362/fca-cancels-permissions-goldthorn-compulsory-liquidation Wed, 7 Aug 2013 10:29:00 +0000 Royal London to buy Co-op Bank divisions <p><!--summary start--> Members of life and pensions mutual Royal London have agreed to proposals to acquire the life insurance and asset management businesses of the Co-operative Banking Group. <!--summary end--></p> https://www.professionaladviser.com/news/2272590/royal-london-coop-bank-divisions https://www.professionaladviser.com/news/2272590/royal-london-coop-bank-divisions Tue, 4 Jun 2013 12:19:00 +0000 Income protection claims move 'will boost IP take-up' <p><!--summary start--> The Income Protection Task Force (IPTF) has said it is "delighted" by the recent publication of income protection (IP) claims statistics by insurance companies, and argued the move would boost consumer confidence in the market. <!--summary end--></p> https://www.professionaladviser.com/news/2266425/income-protection-claims-boost-ip-takeup https://www.professionaladviser.com/news/2266425/income-protection-claims-boost-ip-takeup Tue, 7 May 2013 14:04:00 +0000 Five things clients will call you about this week <p><!--summary start--> Here are our picks of the stories your clients may have read in the weekend newspapers... <!--summary end--></p> https://www.professionaladviser.com/news/2228980/-clients-about https://www.professionaladviser.com/news/2228980/-clients-about Mon, 3 Dec 2012 11:30:00 +0000 LV= announces pipeline strategy <p><!--summary start--> LV= will switch its protection business to gender neutral rates on 1 December and has announced its pipeline strategy for advisers. <!--summary end--></p> https://www.professionaladviser.com/news/2206884/lv-announces-pipeline-strategy https://www.professionaladviser.com/news/2206884/lv-announces-pipeline-strategy Thu, 20 Sep 2012 10:04:01 +0000 FSA says rules on advisers handling medical info adequate <p><!--summary start--> The Financial Services Authority (FSA) has said general rules governing the handling of clients' medical information by advisers are sufficient after concerns were raised by a provider. <!--summary end--></p> https://www.professionaladviser.com/news/2204785/fsa-rules-advisers-handling-medical-info-adequate https://www.professionaladviser.com/news/2204785/fsa-rules-advisers-handling-medical-info-adequate Wed, 12 Sep 2012 07:50:00 +0000 Five things clients will call you about this week <p><!--summary start--> Articles your clients may have read in the weekend newspapers... <!--summary end--></p> https://www.professionaladviser.com/feature/2204151/-clients-about https://www.professionaladviser.com/feature/2204151/-clients-about Mon, 10 Sep 2012 10:43:00 +0000 MoJ consults on cutting LPA waiting times <p><!--summary start--> The Ministry of Justice (MoJ) is proposing to reduce the length of time it takes to process applications to register a lasting power of attorney (LPA). <!--summary end--></p> https://www.professionaladviser.com/news/2197153/moj-consults-cutting-lpa-waiting-times https://www.professionaladviser.com/news/2197153/moj-consults-cutting-lpa-waiting-times Tue, 7 Aug 2012 11:45:00 +0000 Protection Watch...with Kevin Carr (July 2012) <p><!--summary start--> Our protection detective gives his verdict on five key developments in protection this month... <!--summary end--></p> https://www.professionaladviser.com/feature/2195614/protection-watchwith-kevin-carr-july-2012 https://www.professionaladviser.com/feature/2195614/protection-watchwith-kevin-carr-july-2012 Tue, 31 Jul 2012 13:40:00 +0000 LV= launches online I-E support for advisers <p><!--summary start--> Online adviser support on I-E tax changes and the gender directive has been launched by LV=. <!--summary end--></p> https://www.professionaladviser.com/news/2194488/lv-launches-online-support-advisers https://www.professionaladviser.com/news/2194488/lv-launches-online-support-advisers Thu, 26 Jul 2012 11:04:00 +0000 Aegon cuts life and IP rates ahead of gender directive <p><!--summary start--> Aegon has cut individual life and income protection rates to take advantage of the gender directive. <!--summary end--></p> https://www.professionaladviser.com/news/2191410/aegon-cuts-life-ip-rates-ahead-gender-directive https://www.professionaladviser.com/news/2191410/aegon-cuts-life-ip-rates-ahead-gender-directive Fri, 13 Jul 2012 10:30:00 +0000 Protection watch...with Kevin Carr (June 2012) <p><!--summary start--> Our protection detective gives his verdicts on five key developments in the world of protection in June... <!--summary end--></p> https://www.professionaladviser.com/feature/2190717/protection-watchwith-kevin-carr-june-2012 https://www.professionaladviser.com/feature/2190717/protection-watchwith-kevin-carr-june-2012 Wed, 11 Jul 2012 10:41:34 +0000 Five everyday items to help you sell protection <p><!--summary start--> Roger Edwards, proposition director at Bright Grey & Scottish Provident, reveals how items lying around the house or office can be instant protection sales aids. <!--summary end--></p> https://www.professionaladviser.com/feature/2187182/everyday-items-help-sell-protection https://www.professionaladviser.com/feature/2187182/everyday-items-help-sell-protection Thu, 28 Jun 2012 08:00:00 +0000 Five things clients will call you about this week <p><!--summary start--> It's our round-up of the stories your clients may have read in the national newspapers over the weekend... <!--summary end--></p> https://www.professionaladviser.com/feature/2183229/clients https://www.professionaladviser.com/feature/2183229/clients Mon, 11 Jun 2012 09:52:06 +0000 Five things your clients will call you about this week <p><!--summary start--> It's our round-up of the stories your clients may have read in the national newspapers over the weekend... <!--summary end--></p> https://www.professionaladviser.com/feature/2174378/clients https://www.professionaladviser.com/feature/2174378/clients Mon, 14 May 2012 10:13:41 +0000 Aegon publishes State death benefits guide <p><!--summary start--> Aegon has published a guide to State bereavement payments that will be issued with all death claim packs. <!--summary end--></p> https://www.professionaladviser.com/news/2156087/aegon-publishes-death-benefits-guide https://www.professionaladviser.com/news/2156087/aegon-publishes-death-benefits-guide Wed, 29 Feb 2012 12:49:30 +0000 Half death claims made for those under 55 <p><!--summary start--> Half the life insurance claims received by Scottish Provident last year were made for those under 55 years old, the insurer has revealed. <!--summary end--></p> https://www.professionaladviser.com/news/2156034/half-death-claims-55 https://www.professionaladviser.com/news/2156034/half-death-claims-55 Wed, 29 Feb 2012 11:24:20 +0000 Grieving families need more short term financial support <p><!--summary start--> Bereavement benefits need to be altered to better support those who have suffered the death of a loved one, government research has found. <!--summary end--></p> https://www.professionaladviser.com/news/2155016/grieving-families-short-term-financial-support https://www.professionaladviser.com/news/2155016/grieving-families-short-term-financial-support Fri, 24 Feb 2012 15:00:36 +0000 Lloyds reports £3.5bn loss <p><!--summary start--> Lloyds Banking Group made a loss of £3.5bn last year - largely due to money set aside to cover payment protection insurance (PPI) claims - and said its bonus pool was down 30% against 2010. <!--summary end--></p> https://www.professionaladviser.com/news/2154835/lloyds-reports-gbp35bn-loss https://www.professionaladviser.com/news/2154835/lloyds-reports-gbp35bn-loss Fri, 24 Feb 2012 07:40:00 +0000 Life settlements fund generates £40m despite FSA 'toxic' label <p><!--summary start--> Life settlements fund EEA has generated nearly £40m in revenues in the last two months, despite its suspension following "unprecedented" redemption requests. <!--summary end--></p> https://www.professionaladviser.com/news/2153843/life-settlements-fund-generates-gbp40m-despite-fsa-toxic-label https://www.professionaladviser.com/news/2153843/life-settlements-fund-generates-gbp40m-despite-fsa-toxic-label Tue, 21 Feb 2012 11:15:00 +0000 LV= IP and CI claims paid dip slightly <p><!--summary start--> LV= has announced it paid 91% of income protection (IP) and 88% of critical illness (CI) claims in 2011. <!--summary end--></p> https://www.professionaladviser.com/news/2152633/lv-ip-ci-claims-paid-dip-slightly https://www.professionaladviser.com/news/2152633/lv-ip-ci-claims-paid-dip-slightly Wed, 15 Feb 2012 10:57:46 +0000 PPI provider offers 30% commission <p><!--summary start--> Online payment protection insurance (PPI) provider Paymentcare is offering a 30.8% commission to brokers who switch clients' policies to one of its products. <!--summary end--></p> https://www.professionaladviser.com/news/2152037/ppi-provider-offers-commission https://www.professionaladviser.com/news/2152037/ppi-provider-offers-commission Tue, 14 Feb 2012 07:45:00 +0000 Bright Grey adds simple life and CI product <p><!--summary start--> Bright Grey has added to its simplified products offering with the launch of its Lifestyle Plus plan. <!--summary end--></p> https://www.professionaladviser.com/news/2151964/bright-grey-adds-simple-life-ci-product https://www.professionaladviser.com/news/2151964/bright-grey-adds-simple-life-ci-product Mon, 13 Feb 2012 13:00:06 +0000 Gender ruling may worsen protection ownership differences <p><!--summary start--> Ageas has questioned whether the impending move to gender neutral pricing will result in women falling further behind men in their willingness to protect themselves. <!--summary end--></p> https://www.professionaladviser.com/news/2151913/gender-ruling-worsen-protection-ownership-differences https://www.professionaladviser.com/news/2151913/gender-ruling-worsen-protection-ownership-differences Mon, 13 Feb 2012 11:37:31 +0000 Around the world: Hong Kong CI <p><!--summary start--> Critical illness products are continually evolving worldwide. With this in mind, Greg Becker checks out some interesting developments in Hong Kong. <!--summary end--></p> https://www.professionaladviser.com/feature/2144634/world-hong-kong-ci https://www.professionaladviser.com/feature/2144634/world-hong-kong-ci Thu, 9 Feb 2012 12:31:00 +0000