Remove joint life plans to reflect claims experience, writes CIExpert director
At CIExpert we are often asked why the plan comparison system focuses on single life plans. There are many reasons for this, however first we have to ask why the adviser is considering a joint life plan instead of two single life versions. Generally it is a knee-jerk reaction where advisers continue to do what they have always done and it is possible that they are also influenced by the marginal cost saving. However, knowledgeable advisers will ask a completely different question - "what...
Lisa de-Laune brings over 20 years' industry experience, having led risk, internal control, internal audit and change functions
The equivalent of £1.7m every day
Welcoming Andy Morris as finance director and Shirley Fell as operations director
Two million UK people estimated to have dementia by 2051