Protection

The FSA believes there is there is no consumer detriment in allowing advisers who operate under COBS rules to maintain their current commission based charging.

The FSA has abandoned the reading-across of RDR labelling to pure protection.

The FSA's consultation paper 10/8 published today proposes retail investment firms must disclose protection renumeration.

Insurers will face a Government review into strenghtening their adminstration processes to ensure policyholders get fair treatment should a provider go into administration.

Advisers should not fear tele-interviewing, but providers need to do more to integrate them in its implementation, says Scor.

Care for the elderly and disabled at home are currently enjoying a high political profile.

Lutine Assurance is launching a free employee benefit programme for its group life policy holders.

Bupa is offering group critical illness (CI) claimants and their families access to Best Doctors with no increase in premiums.

The British Insurance Brokers' Association (BIBA) has announced its Private Medical Insurance Group will broaden its remit to include income protection, critical illness, and group life insurance.

Policymakers should focus on making existing regulatory powers work before jumping to extend their remit, or risk damaging UK competitiveness, says the Association of British Insurers (ABI).