Friends Life is to consolidate its individual protection streams onto a single platform, based around the recently acquired Bupa proposition.
The first products to be developed as part of a government drive to introduce 'simple' financial products with standardised features should be deposit savings and life and income protection (IP) insurance products, Treasury financial secretary Mark Hoban...
An investigation into how well the private healthcare market is working is being planned by the Office of Fair Trading (OFT).
Resolution says it has "multiple routes" to complete its UK life consolidation project including further scale transactions, a series of smaller bolt-ons or a combination of the two.
Over 20,000 pensioners were forced to sell their homes to pay for residential care last year, according to new figures out today.
Aviva has signed a five year deal to provide protection products for Santander from June 2011.
Resolution Group, the consolidation vehicle which bought Friends Provident last year, is in talks to buy AXA UK's annuity, protection and group pensions business for £2.75bn.
The FSA has announced plans to significantly beef up its Training and Competence (TC) regime, including imposing a 30 month deadline for individuals to complete all modules of qualifications required for their role.
A growing number of insurers are mulling introducing a mixed commission option for advisers selling their protection products.