Some 40% of IFAs plan to take on a protection paraplanner to boost the commission they receive from protection business post RDR, according to research.
LifeSearch has recently released a code of conduct it would like all protection sellers to adhere to. Should there be such a code and what does it say about this market that it should originate from an intermediary rather than a provider?
The FSA today said individuals making personal recommendations to retail clients via a simplified advice process must be qualified to the same minimum standard as those providing full advice.
The world of financial adviser trade associations is currently in a state of flux.
Greg Becker fears the RDR may worsen consumer detriment as fewer people seek advice.
PruProtect has said it is "bullish" about the future for the protection market and that it is aiming to be a major player in the UK market.
Given the Financial Ombudsman Service's (FOS) desire to see larger caseload contributors paying a greater share of the costs, do you think this heralds a focus on smaller companies well being from regulators?
Paul Avis discusses the benefits and pitfalls for advisers considering the group protection sector.