An adviser has championed the use of price comparison websites following research which found they have become an increasingly popular way to purchase non-life insurance.
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Comparison sites benefit from clients shunning advice
Saturday, August 21st, 2010Mortgage lending at year high
Friday, August 20th, 2010Mortgage lending rose to its highest level for 12 months – but experts warned the sector is set to slow down throughout the rest of 2010.
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Britain’s insurance industry poised for series of mergers and acquisitions
Thursday, August 19th, 2010The British insurance industry is in the grip of takeover fever.
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Isas, death and taxes
Tuesday, August 17th, 2010Individual savings accounts (Isas) are rightly lauded for their tax efficiency, and with income tax and capital gains tax (CGT) rates rising as the government attempts to plug the UK’s huge deficit, they’re likely to remain the investor’s first-choice tax wrapper. But few people realise that while investments held within Isas are exempt from income and capital gains tax, they are not exempt from inheritance tax.
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Aviva rejects £5bn RSA bid for general insurance arm
Saturday, August 14th, 2010Britain’s biggest insurer Aviva has rejected an opportunistic bid by rival RSA to buy out its general insurance business, which could have been worth as much as £5bn.
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RBC seeks to sell US life insurance arm
Friday, August 13th, 2010Royal Bank of Canada is seeking a buyer for a bulk of its US life-insurance arm a decade after it acquired the unit as part of an ambitious strategy to sell financial services in the world’s largest economy.
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Life assurance rises by 9.5 per cent for gays and lesbians
Wednesday, August 11th, 2010New figures released today show that the amount of life assurance taken out by gay men and women has risen by 9.5 per cent above 2008′s average.
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Taxpayer to foot the substantial bill for Prudential AIA bid
Tuesday, August 10th, 2010Prudential is expected to palm off part of the cost of its aborted £24bn bid for Asian rival AIA on to the UK taxpayer.
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Old Mutual sells US life insurance arm
Saturday, August 7th, 2010Anglo-south African financial conglomerate Old Mutual has completed the disposal of its US life insurance business in a move aimed at simplifying its sprawling financial empire.
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Insurers could be winners in an age of austerity
Friday, August 6th, 2010Suddenly, the life insurance sector has come to life. Legal & General and Aviva both generated more cash than expected in the first half of the year.
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