Latest - PROTECTION ZONE

• 

  Standard Life Association report ‘makes for worrying reading’

  25 June 2020

  Nearly three million households who suffered a dip in income due to the Covid19 pandemic, including the self-employed, have been left without financial support from the government, a new report from the Standard Life Association has revealed. Of those households who did not benefit from the Government’s furlough or self-employment income support schemes, 90%...

  READ ARTICLE
• 

  Protection needs of business owners and self-employed clients

  22 June 2020

  Sponsored article There’s never been a more important time to talk about Protection, says Tom Robinson, National Account Manager, Scottish Widows. All financial advisers have clients who are self-employed or business owners. Irrespective of your specialism, there has never been a more important time to contact these clients to discuss protection. As we entered 2020...

  READ ARTICLE
• 

  No fault injury – a fifth of people wouldn’t claim

  21 June 2020

  Almost a fifth of UK adults would not take legal action if they were to suffer a serious injury, with many worried that it would affect them financially, new research has shown. According to a survey by Fletchers Serious Injury, 19.1% of Brits would not take the matter further if they suffered an injury...

  READ ARTICLE
• 

  Vulnerable client resource launched by support company

  17 June 2020

  SimplyBiz has rolled out a suite of online resources to help its member firms understand how to work with vulnerable clients. The hub, which is available to all SimplyBiz’s advisers and brokers, focuses on three different components; training and awareness; guidance and documentation; and solutions. In addition, member firms will be able to access...

  READ ARTICLE
• 

  False perceptions creating barriers to advice access

  7 June 2020

  Two fifths of people consider financial advice to be for the very wealthy, creating barriers to accessing it, yet three quarters of advised investors have savings and investments of less than £100,000, new research has shown. According a survey by Aegon into the behaviour of savers and investors, 2 in 5 individuals believe they...

  READ ARTICLE
• 

  Client protection cover needs checking

  24 May 2020

  Advisers should ensure clients have the right protection insurance in place and continue to maintain existing cover, despite Covid-19 causing financial difficulties, says LEBC Group.  According to Kay Ingram, director of public policy atLEBC Group, life and health cover is critical to a client’s long-term financial wellbeing and should be maintained even if clients...

  READ ARTICLE
• 

  FTRC launches protection product ratings on Protection Guru

  21 May 2020

  The Financial Technology Research Centre (FTRC) has launched its protection product ratings on its Protection Guru website. The ratings, which were previously only available to users of the Quality Analyser software, benchmark up to ten key features considered the most relevant to advisers when selecting cover for their clients. Providers who meet the key...

  READ ARTICLE
• 

  Management and staff disparity on mental health support

  20 May 2020

  Businesses must do more to support employees’ mental health, according to new research by employee benefit provider Secondsight. Three quarters (75%) of businesses surveyed by the firm said they were offering mental health support to their workforce, but more than half (51%) of employees felt their employer should be offering more. Despite mental health awareness...

  READ ARTICLE