View more on these topics

MM leader: Light up protection

Money Marketing welcomes the Income Protection Task Force’s roadshows aimed at promoting the benefits of IP to IFAs and mortgage brokers.

As a nation, we are horrendously under-protected and advisers are the best chance consumers will have to get decent cover.

IP is often considered a hard sell due to its perceived complexity and cost compared with other products, a view backed up by low sales figures.

State support for long-term sickness is meagre and only likely to get lower.

People need to be persuaded of the need to look after themselves and their families. The chance to protect your income against disability and serious illness should be better promoted as part of a suite of protection options offered to clients. Hopefully, the roadshows will shine a light on this important area of financial planning.

Recommended

1

‘Regulatory regime is like Little Britain’

The Financial Services and Markets Act has been a “complete failure”, according to Treasury select committee member Mark Garnier. Speaking at a Lansons fringe event at the Conservative conference in Birmingham this week, Wyre Forest MP Garnier said the FSA has failed to create constructive relationships with firms. He said: “There is no doubt the […]

Hargreaves cuts Jupiter’s Tony Nutt from Wealth 150

Hargreaves Lansdown has cut Tony Nutt’s £2.45bn Jupiter income and £559m Jupiter high income funds from its list of recommended funds despite signs of a performance turnaround. The firm says Nutt’s stock seletion has been “inconsistent” since the financial crisis struck in 2008 and has cut it from the Wealth 150 list. The move is […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com