Inflation

'It should be the default for all family protection'

In For a Penny podcast suggests

The issue of personal debts from funeral costs is to be debated in parliament as an MP has warned that support for low earners funding loved one's funerals requires a 'complete overhaul.'

Bank of England policymakers expect inflation to fall below 1% over the next six months, according to the latest quarterly Inflation Report.

UK Consumer Prices Index (CPI) inflation fell in the year to May, after the previous month saw its first climb in 10 months.

UK CPI inflation fell for a sixth consecutive month in March to hit a fresh four-year low, according to latest figures from the Office for National Statistics.

The UK's main inflation rate has remained at 2.7% for the third month in a row, broadly in line with economists' expectations, despite steep rises in energy bills.

Deputy governor for Monetary Policy at the Bank of England Charlie Bean has said lower inflation next year should both support the mortgage market and consumer spending.

Legal & General is offering indexation on life insurance, critical illness and income protection products on a ‘pay as you go' basis, and giving advisers an up-lift in commission of 10% LIC for introducing business with an indexation option.