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.
Pricing of critical illness policies could become less reliable and perhaps more expensive if the government puts forward regulations which state insurers can only use public data to calculate premiums for men and women.
Scottish Widows and supermarket giant Asda have terminated their agreement to sell life cover products at the checkout.
The proposed charging system for personal accounts is ‘flawed' and unachievable according to Scottish Widows.
Advisers and product providers have wholeheartedly agreed with the Association of British Insurers' call to scrap the age 70 rule, saying it is anti-competitive and restricts consumer choice.
Welcome to my first ever blog. As protection director at Scottish Widows and chairman of the ABI protection committee it'll come as no surprise that my hot topic in the months ahead will be all about protection.
Although more than 1.5 million women admit to keeping their savings secret from their partners, many are still not financially prepared for the future.
Scottish Widows is developing a menu of protection products for intermediaries and is asking for their thoughts on what features should be included.
The proposal to block the routine NHS use of two drugs for advanced bowel cancer has raised questions about how expensive drugs can be funded and whether there is a role for critical illness cover in this area.
BANKS, LIFE assurers and fund managers are to be given leading roles in setting up and eventually running the government's proposed low-cost national pensions savings scheme.