Zurich

New initiatives around funding long-term care will likely benefit only high-net worth consumers, while less wealthy people will still end up selling their homes to fund care, Zurich has suggested.

ISA investors are open to taking on more risk in order to increase their savings, research suggests.

Insurer Zurich paid out on 94% of its critical illness policy claims last year, up from 90% in 2012, latest statistics show.  

Advisers have to probe clients with both ‘positive' and ‘negative' questions to meet the regulator's expectations about assessing attitude to risk, according to Zurich strategic partner specialist Andy Woollon.

Insurer Zurich is launching Zurich Horizon Investment Solutions, a new investment proposition comprising a range of risk profiled funds managed by Threadneedle Investments.

IFAonline sister title Investment Week understands insurer Zurich UK has approached a number of asset managers with plans to create a fund management business in the UK.

INDUCEMENTS

Zurich UK Life has promoted Alistair Wilson to the newly created role of head of retail platform strategy.

Zurich has launched an investment linked protection solution on its platform, which will allow policy holders to protect platform investments from stock market fluctuations.

Insurer Zurich has given BlackRock the mandate to passively manage some of its funds sold through Allied Dunbar and Eagle Star brands in a move that aims to create stability for investors.