Over 20 million Britons believe they could survive for up to six months on ‘emergency' funds despite half having less than £1,000 available in accessible savings.
With white papers due this year on long-term care (Dilnot Review), sickness absence and also the Treasury's work on simple products, how much explicit help (not just macro changes to benefits and the NHS) would you want the government to give the industry?...
Defaqto and other ratings agencies have been attacked for "driving the wrong behaviour" by encouraging product complexity and being "in danger of misleading consumers".
PruProtect has called critics of its desire for protection to be made compulsory as being "defeatist" and argued that the need is "very clear".
Bright Grey paid 90% of critical illness claims in the first half of the year.
Bright Grey has increased the scope of its critical illness (CI) claims panel to also cover Scottish Provident policies.
Bright Grey and Scottish Provident are remaining defiant and calling government action in the face of the European Court of Justice (ECJ) decision to ban gender based underwriting.
Women are increasing their earning power but less likely than men to have financial protection should they suddenly be unable to work, according to new research.
Scottish Provident and Bright Grey have urged advisers to raise clients' awareness of the cost of surviving cancer.