Protection advisers 'expect' market growth

The survey of 108 IFAs, conducted as the coronavirus crisis forced the UK into lock down, found that specialist protection advisers forecasted 14% growth for the protection market by 2022. They also predict their own firm's sales will expand by the same amount during this period. Almost two thirds (65%) of advisers surveyed said they believe there is an opportunity to grow the advised market ‘substantially' over the next two years, while almost all advisers questioned expect ‘some' growth in the market. Critical illness is expected to grow the market by most of the advisers (50%), fol...