Friends Provident has raised the age individuals can receive payouts on its income protection (IP) plans, from 65 to 70 for both men and women.
Nearly two-thirds (63%) of people in Britain continue to think ‘it' will never happen to them according to new independent research commissioned by Scottish Provident.
Aviva has announced the launch of MyHealthCounts, a health management service encouraging individuals to take pro-active steps to improve their lifestyle.
A "severely" ill director of an insurance brokerage has been banned by the FSA for failing to control the firm adequately.
The FSA has fined Richard Holmes, a director of insurance broker AIF Limited, the sum of £20,020 for control failings in relation to an appointed representative firm (AR).
The FSA has appointed Ken Hogg, currently interim chief financial officer at MGM Assurance, as insurance sector director.