Say it out loud

As 2008 unfolds and the rumours surrounding financial services seem to become more gloomy, it is comforting that the protection market is on a firm foundation - although it is not without hurdles that need to be overcome. In January, the protection market received a much needed shake-up when the Association of British Insurers (ABI) published its new guidelines on non-disclosure. The association has being working with the Financial Ombudsman Service on the guidance, which will be fairer for those who are honest, and clearer for those who are not. It is a big step forward for the industry,...