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Group and individual protection policies paid out a combined record of £7.34bn in claims in 2023, data from the Association of British Insurers and Group Risk Development shows. Individual policies ...
The problem: A client will be affected by the reduction in the lifetime allowance next April. Should he opt for fixed or individual protection? The solution: The lifetime allowance for pension savings ...
Aviva has paid out £1.1bn in individual protection claims to 53,700 customers and their families in 2021. According to its latest individual protection claims report that sum was paid out in 2021 ...
Advisers should stop trying to choose between fixed and individual protection for pension contributions and encourage clients to apply for both, according to Suffolk Life. Claire Trott, pensions ...
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