The large number of people taking advantage of low interest rates by moving into larger homes or improving their existing homes is one cause of nationally-increased insurance rates. More property to insure translates into higher homeowners’ premiums.
The number of complaints to the Financial Ombudsman Service (FOS) relating to IFAs in 2011/12 has fallen as the organisation again found itself swamped by complaints relating to payment protection
Darren Spriggs, managing director for Ageas Protect, said: ?Advisers face major challenges this year to prepare their businesses for RDR, EU gender-neutral pricing and I-E tax regime, so we?ll do everything we can to help them through the changes and ...