L&G paid out an average of £2.7 million per day in retail protection claims and a total of £396 million in group protection claims. Waddle says the relationship between adviser and client doesn't end when the policy goes on risk - it begins in earnest when a claim does. Ben Allkins, head of mortgages & protection at Just Mortgages, looks at the trend of recruiting protection-only advisers and how this could transform the...
LifeSearch and HomeOwners Alliance have revealed that most homeowners have not taken stock of their finances in the past year. The maximum benefit has increased to 65% of income as part of wider product updates. Iress’ Financial Readiness Index has found that just one third of people seek advice when arranging protection. The FCA found that complaints relating to protection rose by 10.1% between the first and second half of 2025. Vitality has revealed that despite worries around later life health conditions being high, confidence in being able to meet care costs remains low. The Exeter has found that 54% of advisers think that economic abuse is growing more prominent among insurance clients.
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