Cost of living pressures fail to entice advisers toward protection work

Latest findings from Professional Adviser’s weekly PA Asks survey

Hope Coumbe
clock • 1 min read

The majority of advisers say the economic pressures of the last few years have not caused them to reconsider the importance of protection policies for clients, Professional Adviser has found.

Advisers responding to the most recent PA Asks survey were questioned about the importance of protection within an advice service and whether or not their views on its importance had changed. More than two-thirds (68%) of pundits said the cost of living crisis had not made them reconsider the importance of protection. This was significantly ahead of the 27% of advisers who had rethought about protection and ahead of 5% of respondents who were unsure. While one pundit said protection was "more important than ever" another admitted they would "happily ditch protection" adding: "It sh...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Aviva in high value protection proposition launch

Aviva in high value protection proposition launch

Rising demand for IHT planning

Cameron Roberts
clock 25 August 2026 • 2 min read
Advisers are changing their views on joint life cover

Advisers are changing their views on joint life cover

What represents true value for the client?

Alan Lakey
clock 11 August 2026 • 3 min read
Let's talk 'triple shock': Why the protection gap starts with three dangerous assumptions

Let's talk 'triple shock': Why the protection gap starts with three dangerous assumptions

Three assumptions keeping the protection gap alive

Graham Singleton
clock 28 July 2026 • 5 min read