Planet Insurance: Holloway products and the RDR

The result is that Holloway providers will have to make a business decision whether they still wish to sell products that will not be covered by the exemption. Holloway insurance policies combine IP and an investment element. There are 11 active Holloway providers. The main aim of most of the policies is sickness protection rather than savings, and the effect of the FSA proposal would be to set this in stone. This makes intellectual sense, if one looks at the issue narrowly. If the investment element is significant in comparison to the premiums paid, for example if payouts have exceed...