People are getting richer says L&G

The protection provider says as a result the sector is becoming an increasingly important part of the protection market. It says an increase in personal wealth is behind the shift, which has been achieved by making money through property and business. The firm says, according to statistics by nationwide, house prices have tripled in value in the past ten years resulting in appreciating assets for homeowners. Moreover, data provided by the Federation of Small Businesses suggests half a million people start up their own business every year to boost their personal wealth. Legal & General ...