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48 % of advisers expect strong protection sales in 2009

Nearly 50 per cent of advisers believe protection will be their biggest growth area this year, research from 1st – The Exchange reveals.

Of the 800 advisers who participated in the research, 48 per cent believe protection to be the strongest part of their business during 2009.

A further 31 per cent believed pensions would be the biggest grpeth area, while 10 per cent thought equity release or single premium investments. Five per cent said regular premium investments.

When asked what they felt would be the best performing asset class in 2009, 44 per cent of intermediaries chose fixed interest, closely followed by 42 per cent said equities and 6 per cent said cash and property.


Aviva sets out orphan clause

Aviva has added a clause to its terms of business document for IFAs, specifying that it can market directly to clients that it deems to be orphaned by their adviser.


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