'Sunny day fund' could be used by advisers for income protection

However, for SK Wealth Solutions Chartered associate Sonny Kurmi this can be viewed from a different perspective that underlines the importance of having income protection in place. "Ultimately, people look at capital in the bank account as like a rainy day fund. But I look at it as a sunny day fund as well, because ultimately, when we look at their future goals, that money they've got in the bank can be used to achieved that," he explained during a conversation with IPTF co-chair Katie Crook-Davies for this year's Income Protection Awareness Week. "So why when it's a negative situati...