Insurers may remove products today:1st-Exchange

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Technology provider 1st-The Exchange has revealed some providers may remove their products from the system later today in preparation for tomorrow's ruling by the European Court of Justice (ECJ), while others could do so on the day.

It added advisers need to consider key questions regarding the implications of the ruling on their clients. Paul Yates, strategy and business development director at 1st-The Exchange, explained the group had been working with all its providers who will be impacted by the ECJ ruling if they need to implement changes immediately. "Some providers will be unaffected as their systems don't differentiate on gender; others may remove products late on today and come back on board tomorrow. "The remainder will wait until the ruling and then may temporarily remove the products to make any ne...

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