COVER's founding editor and editorial director, Lawrence Gosling, discusses his take on the protection market since COVER's launch.
It is 20 years since we launched COVER magazine and as I look back it does seem like only yesterday and yet the industry has made huge strides and improvements. At the time of COVER's launch, a survey from a major life office which was our inspiration - its research had said that protection was the fast growing part of advisers' business. This made sense. The economy was coming out of recession, we were about to have a change of government from Conservative to Labour, pensions was going through...
The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form.
The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments.
Scott Cadger runs through the four most common reasons people give for not taking out critical illness cover - and some suggestions on how advisers can offer reassurance on each in conversations with clients
The Financial Ombudsman Service (FOS) has sought to provide clarity regarding any potential confusion over the products advisers should recommend to clients to cover a decreasing loan or mortgage.