Many firms have already made “great progress”
For protection policy sales
Firms not challenging themselves enough on “uncomfortable questions”
Legal and General (L&G) has become the ninth provider to be represented on The Mortgage Alliance (TMA)'s protection panel.
Wayne Pontin, chairman of the Association of Medical Insurers and Intermediaries (AMII), has confirmed he will be stepping down in April and has criticised the PMI industry's poor growth in his final speech.
An industry-wide survey has shown a notable increase in those who believe commission will disappear in the protection industry.
Employee benefit advisers are becoming much more explicit on service and price in light of the fast-moving employer environment, Aviva has said.
The Financial Services Authority (FSA) should tighten up the way some providers market their services, according to one adviser who says he is continually bombarded by providers pushing commission.
Protection advisers should fully expect a regulatory review of commission, Jelf has warned.