News

Bright Grey has bemoaned the ambiguity in the critical illness (CI) claims process after revealing a sixth of claims were declined due to the definition not being met last year.

Almost 100% of customers taking out an annuity through Norwich Union are happy with the service they receive, according to research by the life insurer.

The Association of Independent Financial Advisers (AIFA) and the Association of Mortgage Intermediaries (AMI) have called for a reduction in the financial demands proposed for intermediary firms, given their lower risk nature.

The "effective" segmentation of clients, including grouping them by value and differentiating the service they receive, can more than double a firm's profitability.

The Government will have to find an extra £45bn a year in tax rises and spending cuts by 2017/18, on top of the measures announced in the Budget, if it is to meet its own forecasts, an influential think-tank has warned.

Determining profit and revenue per client and per adviser are just some of the functions available to firm owners via a tool launched this week.

The UK economy contracted by a larger-than-expected 1.9% during the first three months of 2009, official figures confirmed today.

AEGON Asset Management is to change the name of the AEGON Global Bond fund to the AEGON Strategic Bond fund.

Royal London maintains its similar Bright Grey and Scottish Provident protection propositions will remain separate after unveiling the management team that will oversee both brands.

The FTSE 100 climbed this morning after the US saw some strong company reports, up 40.03 points (1%) to 4,058.26.