Bright Grey

Considerable doubts linger over whether the Treasury will allow pension term assurance with tax relief to exist after the Budget next week, but advisers and providers are nonetheless hopeful some form of the product will remain.

Paymentshield's plans to launch mortgage payment protection insurance which incorporates the benefits of income protection has raised hopes a 'hybrid' product may solve some of the problems inherent in the industry.

Bright Grey has announced it is entering the individual corporate protection market towards the end of the year as part of a "natural step" in the firm's development.

Norwich Union has introduced a teleinterviewing service staffed by nurses to remove the necessity of acquiring GP reports for protection applications.

Bright Grey has been appointed to the IFA Consortium protection panel.

Bright Grey is launching a brand awareness campaign targeted at mortgage advisers at the end of the month to promote its menu protection plan.

There are rumours in the protection industry the Treasury may reach a middle ground on pension term assurance and allow a watered-down version of the product to continue.

New life and pensions business at Royal London increased by 8% in the 12 months to 31 December 2006 on an annualised premium equivalent (APE) basis, according to the group's new business results.

Schroders will try to fight back into the institutional market this month with a fund which allows small pension schemes to replicate the investment strategies of giant final salary schemes, according to the Times .

threesixty has added the life products of Bright Grey to its protection panel, which can now be accessed through its online quotation service.