Supermarkets are a useful distribution channel in the protection industry because people trust the brands and are encouraged to buy products, according to speakers on IFAonline.tv's Great Protection Debate .
Axa last month confirmed it was in exclusive talks to buy financial adviser group Thinc Destini, and given the time scales usually involved in a merger or takeover, it wouldn't be unreasonable to think the deal could be completed at any time.
Scottish Widows has announced the appointment of Alasdair Fraser in a newly created role as head of investment services.
TAKEOVER fever surrounding Scottish Widows heated up yesterday when rival Resolution Life confirmed it would be interested in buying the Edinburgh finance giant if it was for sale, reports the Scotsman.
Axa and Swiss Re are believed to have made an exploratory £8bn takeover bid approach for Scottish Widows to its parent, Lloyds TSB, reports the Scotsman .
IFAs and providers are calling for further clarification on whether proposals to introduce a ‘non-contestability' period into life insurance policies would apply to deliberate non-disclosures.
Nearly three quarters (73%) of 18 to 24 year olds are increasingly worried about their financial future new research from Scottish Widows reveals.
It's just not what I wanted to see after a busy day at the office. Just got home - traffic was shocking with the onslaught of Scotch mist (torrential rain) - attended to one or two ‘must do's' before sitting down to a relatively healthy, cooked-from-scratch...
Hundreds of staff at Scottish Widows faced an uncertain future last night after the company announced it was to consolidate back office jobs in Chatham, Kent, reports the Scotsman .
The Financial Services Authority's proposal to free-up capital across the life insurance industry has led some providers to suggest there could be reduced premiums and greater innovation across the protection industry.