Sale of the century

Budget protection

Professional Adviser
clock

The modern obsession with the price of insurance risks seriously undermining the quality of products, and this is especially the case with budget protection, which has attracted a reputation, unfairly or otherwise, of being a bargain basement offering that cuts too many corners. Peter Carvill reports.

One of the most interesting things to have occurred on the British high street over the last 15 years has been the increase in sales outlets, which have the sole purpose of selling branded goods at discounted prices. Once a rare sight, these shops have become ubiquitous on the streets of the UK. There are even shopping complexes that specialise in discounted products, and the glib jokes about there being more bargain stores than normal stores have gradually become wry observations. The protection industry has followed suit in what has been described as 'Bargain Britain'; cutting, reducing...

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 uncategorised

PA Awards 2027: Entries for all categories now open!

PA Awards 2027: Entries for all categories now open!

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 07 July 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read
Last chance: MPS conference to explore different approaches in shifting landscape

Last chance: MPS conference to explore different approaches in shifting landscape

Takes place in London tomorrow

Professional Adviser
clock 01 June 2026 • 1 min read