British consumers feel the insurance industry lags behind others in how it addresses their needs and have given their strongest hint that greater simplicity would be welcomed.
LV= has big plans for 2012. Paul Robertson interviews one of the industry's most prominent Welshmen, Mark Jones.
Phil Jeynes warns that removing components from simple products may mean weaker cover for clients.
The protection industry may have to change the way it works if it is to maximise the potential of the simple products initiative, the project's leader has said.
Advisers have given the Treasury's simple products initiative a tentative thumbs up while recognising that the financial services industry is overly complicated.
Consumers want simple financial products to provide a standard limited level of coverage allowing easy understanding and comparison, new research has found.
Friends Life has revealed it is developing a simple protection product to target new distribution methods.
HM Treasury believes simple products by definition should be allowed to be sold without advice.
HM Treasury (HMT) is suggesting simplified financial products should be defined as sellable without advice.
Are we simply opposed to simple products? Nick Jones investigates the simplicity minefield.