IFAs say ABI focus on IP not enough

An overwhelming majority of IFAs do not think the Association of British Insurers Protection Committee's decision to focus more on income protection (IP) will finally be the push the cover has been needing, according to COVER's latest web poll.

Some 88.9% of respondents were pessimistic about whether the trade body's increased interest would be enough to reverse the trend of dwindling IP sales.

Following the announcement in the Pre-Budget Report that pension term assurance may be scrapped in this year's Budget, this month's survey asks whether this will further exacerbate consumers' distrust in the sector?

To cast your vote, please visit www.covermagazine.co.uk.