Protection

Friends Life has announced its senior protection management team which will control the single protection proposition to be launched later this year.

More than half of Britons do not think they need to buy extra insurance because of the government's welfare reforms and big society agenda, new research has found.

Vince Cable has admitted Britons will have to take greater responsibility for their own protection needs in the future following the welfare reforms.

The insurance industry still has an image problem with the general public which the new regulatory structure is unlikely to help, according to research by the ABI.

The Financial Ombudsman Service (FOS) has hit out at the FSA for not intervening to tackle the Payment Protection Insurance (PPI) problem sooner and criticised the industry for being addicted to regular mis-selling scandals.

The protection industry should engage with the Money Advice Service (MAS) not fear it to successfully grow the market, industry leaders have said.

Only two scales of providers will succeed in the protection market as it becomes divided between massive multinationals and small nimble insurers, according to RGA.

The number of dads holding income protection (IP) has fallen by 5% in two years, according to results from Legal & General.

Gay people are taking out higher sums assured for life insurance, according to new research.

Friends Life has produced an online seminar for protection advisers aimed at boosting sales.