Norwich Union is offering to continue the handling of pipeline PTA cases despite the recent changes announced by the Treasury.
Several organisations operating in the pensions market have welcomed government proposals for the introduction of personal accounts, announced yesterday, but have questioned whether it is possible to limit both charges and access to funds.
Norwich Union is offering free life cover to pipeline customers applying for life insurance with tax relief and mortgage life insurance with tax relief.
Policyholders of two Aviva with-profits funds could receive an additional payout in 2008 if policyholders, life office officials and independent adjudicators agree to access the assets inside its inherited estates.
I bet the protection industry would love it if people in the UK boasted about how much life cover they have in a similar way to our friends over the pond in the US.
The issue of long-term care funding was brought into the spotlight again this week after a report from the Commission for Social Care Inspection criticised the standard of home care services.
Norwich Union payouts on critical illness policies increased to over £80m in 2005, almost a quarter higher than in 2004.
When power pop duo Hall & Oates sang (the excellent) ‘Out of Touch' I'm sure they didn't have life companies in mind. However, I reckon this title is pretty apt given most life companies still seem eager to throw ridiculously high initial commissions...
Norwich Union is moving its Lifetime wrap operation in-house as part of today's earlier announcement to cut 4,000 jobs.
The use of qualified underwriters and ‘wet signatures' are some of the issues providers would like to see covered in the Association of British Insurers' guidelines on teleunderwriting.