F&TRC announces 2015 protection ratings
Finance & Technology Research Centre has announced its Business Protection and Relevant Life ratings for 2015, aimed at helping advisers understand which providers are offering the most suitable Business Protection or Relevant Life products for their clients.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
The overall awards in the 2015 F&TRC Business Protection and Relevant Life ratings are:
Business Protection
GOLD: AIG, Legal & General, Royal London, VitalityLife and Zurich
SILVER: Aviva, LV= and Scottish Provident
BRONZE: AEGON and Friends Life
Relevant Life
GOLD: AIG, Legal & General, Royal London and Zurich
SILVER: LV=, Scottish Provident and VitalityLife
BRONZE: AEGON
F&TRC Director Ian McKenna, said:
“Business protection is a complex area of the market and through our research and benchmarking we are aiming to help advisers understand not only the features of the products available in the market but the support provided by the insurers themselves.
"Our ratings aim to help advisers understand the difference in offerings between insurers so that they can make better decisions when giving clients recommendations. Some clients will be looking for comprehensive options, others may be need economy solutions, there is a valid role for each in addressing the protection gap and look to make it easier for advisers to identify which products are suitable for different needs.”
Bridget Smith, Business Protection Development Manager at the Mortgage Advice Bureau, added:
“Business Protection and Relevant Life are products where an insurer’s technical support and service standards can make a real difference. A ratings system that can help advisers easily compare insurers based on the product options offered as well as the support services in place can really help advisers understand the differences in insurer propositions.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC
