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The ABI fails to notice opportunities for IP

While there has been much comment on the proposals for payment protection insurance (PPI) by the Competition Commission, one of the industry's big players could be missing a trick. The Association of British Insurers (ABI) is neglecting to do itself any favours by continuing to support PPI while, at the same time, keeping quiet about income protection cover. The most-recent happenstance of this is the body's reaction to the provisional decision to ban credit providers from selling PPI at the point when consumers take out credit. The commission proposes that they must wait two weeks before...

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