Advisers upbeat for protection market

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IFAs are increasingly positive about the protection market's prospects for 2012, according to a new survey.

Research from Avelo found advisers were expecting pensions and retirement planning to take up the majority of their time over the coming year. However the number anticipating protection business dominating their workload grew to 22%, up from 20% last year. It appears the mortgage market is unlikely to see a resurgence this year with just one in ten (10%) predicting it would form their major workflow compared with 14% last year. Pensions and retirement planning were the two areas in which they expect to offer the most advice in 2012, with two in five (39%) of those surveyed anticipa...

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