The Family Support Initiative, recently been announced by the Income Protection Task Force (IPTF), has stimulated great initial interest and support according to Peter Le Beau, the Chairman of IPTF.
The Income Protection Task Force (IPTF) has claimed it has developed a quick and easy system for identifying families who have a clear need for income protection.
The Income Protection Task Force (IPTF) has said it is "delighted" by the recent publication of income protection (IP) claims statistics by insurance companies, and argued the move would boost consumer confidence in the market.
Advisers have called for more detail and clarity around claims statistics, following the publication of income protection (IP) figures from Friends Life earlier today.
Friends Life has no current plans to publish income protection claims statistics, citing concerns about inconsistent and differing criteria.
Protection specialist and former Associate Director of the ABI, Nick Kirwan has joined the executive team of the Income Protection Task Force.
Carol Sergeant has suggested the proposed income replacement product will not be included in the first phase of the proposed simple products, the Income Protection Task Force (IPTF) has stated following a meeting with the review's chair.
Income protection needs to strip out the state benefits element if the product is to move upwards, a consultancy firm has stated.
The Income Protection Task Force has planned to launch a consumer charter as part of a three-point plan for income protection.
The Income Protection Task Force has championed the recognition of the need for simple income replacement products in the recent steering group report on simple products.