Budget is irrelevant

Professional Adviser
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Darling's report overlooks the protection industry

By Peter Carvill Alistair Darling's Budget held no surprises for the protection industry and offered little to rejoice or fear. It is disappointing that the Government does not seem to value protection, a view shared by the UK's population who have managed to open a protection gap of £2.3trn. That chasm has long been poised to bite on consumers if the buoyant economy of recent years begins to suffer. And with governments around the world trying to save off a worldwide economic disaster, it is unfortunate that businesses that can offer a buffer to customers when times are hard are disre...

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