Pioneer lauds 'bedrock' of financial advice

Andy Chapman, chief executive at the firm, says as consumers wouldn’t be able to afford other investments, pensions or mortgages without an income, he can not understand why the industry remains “flat”. However, Chapman says Pioneer is two-thirds of the way through hosting 130 or so seminars for advisers on income protection, and says the response has been “fantastic”. “There is no doubt in my mind: Income protection should be the bedrock of all financial advice,” he says. “What can you do if you don’t have an income? You can’t pay for your car insurance. In fact, you can’t buy a car in ...