News

EEA plans to reopen its £600m life settlements fund "as soon as possible", once the outcome of an FSA consultation on the sale of traded life policy investments (TPLIs) has been agreed.

Any move abroad by Prudential is "unlikely" to affect either PruProtect or PruHealth, COVER understands.

Avelo has launched a private medical insurance (PMI) service for advisers to compare health insurance contracts from eleven providers.

The FSA today confirmed its policy and guidance on when trail commission will be paid after the implementation of the retail distribution review.

The Work and Pensions Committee has launched an inquiry into defined contribution (DC) workplace pension provision.

The FSA has finalised its guidance on when firms can (and can not) receive commission post-Retail Distribution Review (RDR).

The Investment Management Association (IMA) said it is "very disappointed" with elements of the FSA's guidance on the treatment of trail commission post-RDR.

Protection is seen as a key growth area by IFAs with almost two thirds optimistic about increasing business in the sector this year.

The Financial Services Authority (FSA) will allow advisers to continue to take trail commission after 2012 on fund switches within life policies set up pre-RDR.

The FSA has issued updated guidance on firms' use of distributor-influenced funds (DIFs).