Don't let Budget announcements distract clients from the long view

"UK consumers must consider the long-term perspective"

clock • 4 min read

Following the Government's Spring Budget last month and the end of support for energy bills, The Exeter's head of protection distribution, Jamie Page, reviews why protection serves a crucial role in the long-term financial security of consumers.

For most who tuned in to the recent Spring Budget, it will have been of little surprise that measures to ease the cost of living crisis were again a hot topic. Across the UK, people continue to feel the sting of multiple rises in bills, whether for heating, mortgage repayments, monthly rent or council tax hikes.  However, advisers with an eye on the long-term will understand that the measures announced are no silver bullet when so many other everyday costs are rising. A three-month extension to the energy price guarantee offers short-term respite with June just around the corner, w...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Providers 'can do much more' for later life care: Vitality

Providers 'can do much more' for later life care: Vitality

41% of adults worried about affording care costs

Jaskeet Briah
clock 03 May 2024 • 1 min read
Women in Protection 2024: Morning round-up

Women in Protection 2024: Morning round-up

CEOs more likely to be called Simon or Andrew than be female

Jaskeet Briah
clock 02 May 2024 • 3 min read
Probate delays jump 65% for year-long cases

Probate delays jump 65% for year-long cases

Cases taking over six months rose 112%

Jaskeet Briah
clock 23 April 2024 • 2 min read