Legal & General

The introduction of pension term assurance has encouraged more customers to buy term assurance, according to research from Legal & General.

The majority of pension savers prefer the flexibility of staying contracted-out, even though contracting-in is more likely to maximise their savings, claims Legal & General.

Legal & General is to raise the prospect of returning £1bn to shareholders, while Prudential is understood to be in talks with the FSA about returning a large slice of capital to policyholders, according to the Scotsman .

The Financial Services Authority fears hedge funds are encouraging brokers to commit market abuse, reports the Daily Telegraph .

An IFA is writing to insurers for clarification on how many critical illness claims they turn down because the policyholder has not suffered chest pain during a heart attack.

Legal & General has launched an interactive underwriting tool which has fewer questions for those aged under 36 and is tailored towards specific disclosures.

Legal & General has produced an update for IFAs on the implications age discrimination regulations will have on group risk benefits.

Legal & General is putting more emphasis on its position in the annuity market by appointing Simon Gadd as the new managing director of annuities.

Advisers are being offered a whole new way to organise their business by Cofunds and Legal & General.

Self-regulation by providers of self invested personal pensions (Sipps) is the key to maintaining consumer confidence until formal safeguards are put in place, according to Standard Life.