The market for over 50s life cover plans is set to grow and, says James Eaglen, the products are already in the market
Lloyds reported sales through its intermediary channel fell 35% in 2009 contributing to a 26% drop for UK life, pensions and investments sales to £12.97bn.
Platforms should come under the same whole of market regulatory scope as investment products post-RDR, according to advisers.
Clerical Medical's managing director, John van Der Wielen, is to step down as part of a high-level reshuffle at Lloyds Banking Group.
"No adviser wearing the independent label should be financially rewarded by the products they sell."
Scottish Widows will help develop the Level 4 Institute of Financial Planning IFP) paraplanner qualification
An IFA has accused annuity providers of failing to treat customers fairly if they continue to offer the products at well below leading rates.
The pensions industry regularly treads a fine line between taking legitimate advantage of tax breaks and pushing the boundaries to exploit perceived loopholes in legislation and regulation.
A pensioner is fighting to claw back almost £18,000 in commission and charges that were snatched from his pension just a year before he planned to retire.
Employers should do more to help their staff effectively plan for retirement, Scottish Widows says.