Graham Harvey, managing director of protection at Axa, says measures made in last month's Budget provide the perfect opportunity to discuss protection with clients.
If you have opened a newspaper in the past few weeks, you were probably presented with articles on the emergency Budget, along with a healthy dose of World Cup coverage. For advisers and their clients, the impact of any Budget is usually more strongly felt in the areas of pensions and investments. But what about protection? Impacts here tend to be less direct, but as we all know, failing to take out adequate cover can have dire financial consequences. The rise in VAT will hit most people's pockets, which could prove challenging for advisers. If clients are spending more on their outgo...
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