LifeSearch wins the coveted Protection Adviser Of The Year awardRound up
4 - the number of rate changes since the last bulletin (Bright Grey, AXA, Legal & General, Aegon)
4 - Prudential's percentage increase in UK business in the first quarter 2008
6 - the number of record months for new business within the last 12 months for Bupa Individual Protection.
450,000 - the amount in £ paid to LifeSearch customers last week in critical illness & life claims
41m - the increase that L&G has seen in its Q1 risk business, with sales up from £100m Q1 2007.
Comment
"We're pleased that the FSA has been true to its word and put the needs of the consumer at the heart of its proposals. Given the economic climate, consumers need professional financial advice now more than ever. From the outset, we have said that the RDR should enable more consumers to get access to better financial advice. Consumers have a right to know whether or not they are being advised or sold a product, and they must have a choice over how they pay for that advice."
Chris Cummings, Director General of AIFA, commenting on the RDR interim report.
Heroes
Protection winners at the Financial Adviser awards...
...which were held on 23 April.
* Life Assurance Provider Of The Year - Legal & General
* Protection Provider Of The Year - Legal & General
* Health Insurance Provider Of The Year - BUPA
* Term Assurance Provider Of The Year - Legal & General
* Critical Illness And Income Replacement Provider Of The Year - Scottish Provident
And last but not least...
* Protection Adviser Of The Year – LifeSearch
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