Taskforce proposes IP action plan

Nicola Brittain
clock

The Income Protection Task Force (IPTF) will unveil a consumer charter for income protection early next year.

The charter will be the result of consultation with leading consumer organisations. The group expects to publish the charter by mid-January. Clive Waller, co-chairman of IPTF, said: "We produced a draft charter for the industry at our summit meeting in April but we felt there was a very real need to find out what leading consumer organisations felt needed to be done on the issue. "[The aim was] to make the product clearer and more comprehensible to the public as well as highlight what needs to be done to ensure we are treating all buyers of the product fairly." Peter Le Beau, th...

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

Aviva completes £460m acquisition of AIG Life after CMA delay

Aviva completes £460m acquisition of AIG Life after CMA delay

'It's disappointing to lose another protection insurer from the market'

Cameron Roberts
clock 10 April 2024 • 2 min read
Is price really still king? Why the protection market needs to evolve

Is price really still king? Why the protection market needs to evolve

Data and process improvement will be 'battlegrounds of tomorrow'

Paul Yates
clock 18 March 2024 • 3 min read
Protection sales down 102,000 in 2023; adviser focus labelled 'crucial'

Protection sales down 102,000 in 2023; adviser focus labelled 'crucial'

'Income protection products are more important than ever'

Cameron Roberts
clock 26 February 2024 • 1 min read