Protection Review

Dates have been confirmed for the Protection Review and Personal Finance Society's (PFS) independent protection training sessions.

The Protection Review and the Personal Finance Society (PFS) will soon be announcing the first dates for independent protection training for advisers.

While protection is a healthy business, advisers can expect an "exponential" growth in competion from internet aggregator sites an industry consultant has said.

Intermediaries are overwhelmingly (91%) in favour of commission options in the group insurance market, Canada Life Group Insurance has said.

Any new legislation implementing private sector involvement in supporting the welfare state will not happen until a potential second term, according to the ABI.

A third of the industry believes comparison sites will be the most popular way to buy protection in a decade, while 66% expect fewer IFAs selling protection, according to the Protection Review.

Over a third of IFAs (38%) have said they will focus more on group risk and employee benefits after the Retail Distribution Review comes into force in December 2012.

Leaving aside the question of advice, do you see simple protection products as a threat to IFAs or a stepping stone for clients? Should IFAs sell them alongside fully featured products?

Protect has confirmed representatives from the Protection Review, Income Protection Task Force and Defaqto will be speaking at its May meeting.

Can you see a change in focus for the FSA's replacement, following its renaming to the Financial Conduct Authority (FCA), rather than the previously suggested Consumer Protection and Markets Authority (CPMA)?