Income protection

British Friendly reports £5 million in income protection claims paid in 2024

British Friendly paid out over £5 million in Income Protection, discretionary BF Care claims...

PDG response to MS24 1.2 market study into the distribution of pure protection products to retail customers

In October the PDG responded positively to the initial Terms of Reference, highlighting the...

Quality of product more important selling point for clients than affordability

Quality of product (43%) is more important a selling point to clients than affordability...

PDG welcomes FCA market study on pure protection products

The Protection Distributors Group (PDG) has responded positively to the Financial Conduct Authority’s (FCA)...

FCA to investigate effectiveness of pure protection market

The Financial Conduct Authority (FCA) is undertaking a market study to look into how...

Protection Guru: Consumer Duty can benefit both clients and advisers

New data from Protection Guru suggests that advisers who prioritise best value protection products...

LV= joins CIExpert’s Insight Zones

LV= has joined CIExpert’s Life & Critical Illness Cover (CIC) and Income Protection (IP)...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for...

Cirencester Friendly pays out £10m in income protection claims in 2024

Cirencester Friendly maintained its claims payment record in 2024, paying 95.8% of income protection...

Zurich UK unveils enhanced income protection offering

Zurich UK has announced a range of enhancements to its Income Protection proposition, introducing...

The Exeter enhances protection proposition with new multi-benefit application system

UK health and life insurer The Exeter has introduced several updates to its protection...

New advisory firm launches to offer bespoke protection solutions

Protection specialist Wes McCranor has launched a new protection advisory firm, Sphere Assured. Sphere Assured...

Shepherds Friendly appoints NED

Shepherds Friendly has announced the appointment of Oliver Laird as a non-executive director. Laird (pictured)...

Many consumers unprepared for financial impact of illness or injury

A majority of consumers are uncertain about how they would manage their finances if...

COMMENT

How brokers can secure better client outcomes in a volatile market

Experience has always counted in the mortgage market. Brokers who worked through the financial crisis, the Covid pandemic, the Liz Truss mini-Budget and cost-of-living...

Housing reform needs a thriving private rental sector, not just a thriving sales and purchase market

One of the most encouraging developments over recent weeks has been the renewed focus on improving the homebuying and selling process. The Government's plans to...

The economics of developing the next generation of advisers

Over the past couple of decades, I have worked alongside literally thousands of AR and DA firms, from businesses employing one or two advisers...

Is Andy Burnham the New Messiah or just Starmer with better eyebrows?

What a damning indictment of Labour that Andy Burnham appears to be strolling towards the leadership in what looks less like a contest and...

Approvals hit a 2.5-year low: When broker value gets proven – or missed

Net mortgage approvals dropped to 56,200 in May – the lowest since December 2023 - down from 66,000 the month before. Net borrowing fell from...

Latest news

Bank of Ireland expands JBSP mortgage criteria

Bank of Ireland for Intermediaries has widened its Joint Borrower Sole Proprietor (JBSP) mortgage...

Try Financial links with The Insurance Surgery to support complex protection cases

Try Financial has formed a partnership with specialist protection adviser The Insurance Surgery to...

VouchedFor unveils enhanced membership as advisers adapt to AI-led search

VouchedFor has launched Verified+, a new membership tier aimed at helping financial advisers improve...

TMG boss promises Bank Holiday Monday if England reach World Cup final

TMG mortgage network founder and CEO Scott Thorpe has pledged to give every member...

PROFILES