Gary Shaughnessy: The global reality of the income protection gap

clock • 4 min read

A new report from Zurich has revealed some worrying numbers on the extent of the income protection gap in both the UK and around the world. Gary Shaughnessy takes a closer look at some of the findings

In partnership with Smith School - University of Oxford, Zurich has published a report Embracing the income protection gaps challenge: options and solutions, which sets out recommendations for tackling gaps in income and putting in place a financial safety net for people unable to work through illness or injury. The report forms the final phase of major global study - Understanding income protection gaps: awareness, behaviour, choices - which was commissioned to explore the extent of the problem and what can be done to make people more financially resilient. Overall, the project has u...

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