Standard Life

Several protection providers have already pulled out of the pension term assurance market this morning and more are expected to do so later today, following comments in the Pre-Budget Report suggesting the product was being misused.

Standard Life has announced it is withdrawing its pension term assurance policy as of today, following strong hints by the Treasury it will withdraw the right to use the product.

Despite broad support for the pension reforms published in today's Bill, some parts of the industry are concerned more could still be done.

Standard Life Assurance has appointed Robert Watters as protection marketing director.

Suffolk Life is warning the pensions industry not to underestimate the impact of regulation for Self Invested Personal Pensions.

Only 17% of individuals have taken advantage of the estate planning benefits of trusts, according to research from Standard Life.

The number of people saving on a regular basis has increased by 5.5% since July 2006, according to the Standard Life Savings & Investment Index.

Middle to lower-income earners - C1C2DEs - will become even less attractive than they perhaps already are as potential leads for adviser businesses, according to research published by Key Note.

Standard Life is launching a new set of income protection products next week which it hopes will put it on a level playing field with the front-runners in the market.

Radio adverts claiming people with money problems can escape up to 80% of their debts are misleading and unethical, debt management company Debt Free Direct said today, reports the Guardian .