Families are focusing on protection, even as they cut back on non-essentials, Aviva has found.
IFAs have claimed providers of individual protection products consistently fail to meet their expectations in dealing with existing business, Defaqto said.
Aviva and Legal & General are to provide life and general insurance products for Barclays Bank UK Retail customers.
Aviva has seen a slight uplift in its protection sales over the third quarter as it continues its attempt to dominate the market.
Half of co-habitating Britons do not have any life insurance and many could not afford a funeral if their partner or spouse died, new research has found.
Legal & General has credited diversification into non mortgage related business for strong individual protection results that boosted its third quarter performance.
Ageas Protect has introduced a consumer friendly ‘product labelling' scheme into its protection products.
Louise Colley from Aviva picked up the Outstanding Achievement Award at last night's COVER Excellence Awards.
Lead Co-op has launched life assurance leads allowing advisers to alter prices according to the source of the lead in order to reward and encourage quality leads.
The FSA noted a jump in advised sales of personal pensions in 2010/11 compared with the previous year, and said this could reflect pension switching, a practice it pointed out some firms had failed to carry out appropriately in the past.