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Blu Debt and Paymentshield to stage insurance seminars
Blu Debt Management has teamed up with Paymentshield to staget 18 joint seminars for mortgage advisers and IFAs across the country.
FOS reports increase in mortgage underfunding calls
The Financial Ombudsman Service has seen a rise in the number of calls related to mortgage underfunding.
Brokers who issue combined IDD may breach FSA rules
Brokers who have issued Combined Initial Disclosure Documents to cover mortgage and insurance advice may be in breach of Financial Services Authority requirements.
AMI welcomes approved persons register for all
The Association of Mortgage Intermediaries welcomed the announcement that the approved persons regime will be applied to the whole industry.
Assurant Intermediary urges clarity from CC
General insurance provider, Assurant Intermediary, has urged the Competition Commission to provide greater clarity in its final recommendation in July regarding the proposed point-of-sale prohibition for payment protection insurance.
CC doubts point-of-sale PPI ban would be effective
The Competition Commission has expressed doubts that a point-of-sale ban on payment protection insurance would encourage competition in light of new consumer-based evidence.
Product innovation will not close protection gap
Many IFAs believe that clients do not have adequate protection in place and say that advisers could be doing a lot more to close the protection gap.
RDR option will affect broker protection sales
The Financial Services Authority has included an option in its Retail Distribution Review that would hit brokers’ protection sales.
Unemployment falls to 2.45 million
Unemployment for the last quarter fell by 33,000 to 2.45 million, the largest quarterly fall since the three months to July 2007.
Nationwide partners with Cardif Pinnacle for PPI
Nationwide Building Society has signed a three year contract with Cardif Pinnacle, part of banking group BNP Pariba, to supply the society with Payment Protection Insurance.
FSA extends consultation period for PPI reform
The Financial Services Authority has published feedback to its plans to reform the Payment Protection Insurance market, but says it needs a further six week consultation as it has revised some of its original proposals.
Split cover quotes for life and CI
Capita Financial Software has developed an online quotation service for split cover life and critical illness policies that allows brokers to quote on different life and critical illness covers on the same illustration.
FirstAssist teams up with Tenet LIME on ASU
FirstAssist Insurance Services has been appointed by Tenet LIME to provide a full suite of accident, sickness and unemployment products and services to its 1,100 members.
L&G network offers high net worth home insurance
Legal & General Partnership Services, L&G’s network arm, has partnered with Sterling Insurance Company so that L&G advisers can offer home insurance to their high net worth clients.
Zurich UK Life highlights CI cover for children
Zurich UK Life has highlighted the benefits of offering critical illness cover for children to help minimise the impact for families with children diagnosed with cancer.
Paradigm adds PruProtect serious illness cover
Paradigm Mortgage Services has added PruProtect’s life and serious illness cover products to its preferred protection panel.
