Friends Provident has launched a new online seminar on Pension Contribution Protection Benefit (PCPB) to highlight how advisers can help clients protect their pension contributions in the event of illness or accidental injury.
The new on-line seminar provides advisers with a detailed explanation of what the product does, and also gives access to a case study example.
The provider is has targeted the area since the demise of waiver of premium in pensions in 2001.
Ed Stuart-Brown, head of protection at Friends Provident, says: "Lots of people contribute to a pension because they believe that they cannot rely on the basic state pension in retirement.
"So why then do these same individuals think they could rely on state benefits now if they were forced into 'retiring early' due to ill health or accident?
"And, how do they believe they would be able to continue funding that pension if they were unable to work until retirement?
"If a policy holder suffers an illness or injury, PCPB will pay their personal pension or stakeholder pension plan up to £3,600 a year (£2,880 net of basic rate income tax relief)," he adds.
The seminar is available at http://www.friendsprovident.co.uk/iptoolkit/.
Advisers who watch the seminar are eligible for CPD points.
