New medical conditions, clearer definitions, and improvements to payment conditions, as well as children's cover enhancements, have been added to Old Mutual Wealth's critical illness cover (CIC).
Additional Care Benefit, an additional £50,000 (or benefit amount if lower) paid to claimants suffering long-term illness to pay for extra care, is also included as part of CIC. All upgrades come as...
'How would you cope if your partner contracted an illness?'
For Engage planning solution
Group paid £56m in last decade
Data from each insurer
Nine in 10 do not have income protection
Reasons to be optimistic in 2021
The Financial Conduct Authority (FCA) has published a defined benefit (DB) transfer tool which it said should help firms understand its file review methodology for DB transfer advice. But what exactly is it and why should advisers care?
131 firms have authorisations revoked