Protection Watch: Kevin Carr's verdicts on recent developments

‘Promising lead’ or ‘Back to the lab’?

clock • 3 min read

Professional Adviser's protection detective Kevin Carr delivers his verdict on five key developments in the protection space from the last month or so

Fade to Grey While progress continues to be made, the exact situation regarding whether the presence of an income protection claim could impact a client's state benefits remains a grey area for advisers and insurers. For context, not very many people have income protection, not everyone claims on it, and those who do may not be too worried about losing some entitlement to means tested state benefits, such as Universal Credit. Advisers should, however, be clear with clients that risks may exist. What we do know is that the DWP is engaging positively with the industry and has agreed some hi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

FCA: Protection commission ban is potential 'extreme' market study outcome

FCA: Protection commission ban is potential 'extreme' market study outcome

FCA: 'We're going into this with an open mind'

Jaskeet Briah
clock 28 March 2025 • 3 min read
Majority of advice firms assisting clients with protection needs

Majority of advice firms assisting clients with protection needs

Average cost of care amounts to £1,594 per week

Cameron Roberts
clock 11 March 2025 • 1 min read
Shifting demographics: Post-Budget protection conversations

Shifting demographics: Post-Budget protection conversations

Emerging market for people aged 45 and upwards

Naomi Greatorex
clock 18 February 2025 • 3 min read