Half of financial advisers who took part in a recent survey report an increase in protection sales since Covid-19 hit.

Guardian, the protection insurance challenger focused on financial advisers, has made 12 staff redundant and a “small number” of other redundancies are being considered.

Protection challenger Guardian has promoted Katya MacLean to interim CEO to cover for CEO Simon Davis who is stepping down temporarily for personal reasons.

Guardian Financial Services' life and critical illness products are now available on Synaptic Software’s Webline portal.