Blog: Time to make protection a must-have

There have been plenty of news reports following this year’s Budget announcement, many of which have focused on the fact that middle-income families are feeling the pressure from all sides, and it doesn’t look as though the situation is likely to improve for ‘Middle Britain’ any time soon. Last year the Coalition announced plans to stop paying child benefit to higher-rate taxpayers, including families whose joint income exceeded the threshold of just over £40,000 a year. This change, which will affect one and half million households, comes into effect in January 2013. Many of those wh...