More than half still think income protection is 'unimportant'

Research from protection mutual Shepherds Friendly has revealed that the lack of financial resilience of individuals and families in the UK as well as their attitudes to income protection. Only 30% of people could rely on their savings if they lost income and families are even less likely to have a financial buffer in place, the study showed, with just 19% of households with children saying they could rely on money they have in reserve. The YouGov poll carried among 2,212 UK adults also revealed only four in 10 (38%) of British adults could find enough money to finance their lifestyle...