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Agents urged not to squander 'last opportunity' to steer Atol reform

Atol
James Chapple
26 July 2021

Agents have been urged to speak up on the CAA’s plans to reform the Atol scheme, and ensure they don’t squander what could be a "last opportunity" to have their say on the future of the system.

It comes as consumers rein in discretionary spending as the cost of living soars

International Passenger Protection (IPP) said a failure by the trade to engage with the consultation could result in them being lumped with security requirements that do no suit their business models.


“The Atol reform touches on the old funding model, along with trust accounts in the main, but loosely refers to a ‘financial markets’ option," said IPP managing director Paul Mclean.