Such a fuss over paying for protection

Firstly, it isn’t particularly true. Secondly, given the right information at the right time, consumers are quite capable of making their own minds up. And most importantly, there is a danger in tarring all financial services products with the same brush. As is often the case with financial services, the area of protection can be quite different to other sectors, such savings and investments. Terms such as ‘hidden charges’ and ‘upfront commission’ tend to fill consumers (and the media) with fear as by default they imply a scandal in the making, or at least a little consumer detriment, oft...