Andy Woollon: Protection should be a keystone of retirement plans

‘Centralised retirement protection process’

clock • 5 min read

Convincing clients to underpin their assets with protection may be difficult but, argues Andy Woollon, it is likely to turn out to be worth it - for both client and adviser

I have been speaking recently about using protection as part of a retirement strategy - a centralised retirement protection process, if you like. The old adage about protection providing the foundation for sound financial advice - PIPSI anyone? - has never been truer, especially at a time when stockmarkets may be viewed as volatile and uncertain. This is because protection can help de-risk clients' assets by providing diversification away from stockmarket-linked investments and underpinning existing investment growth, while protecting your adviser income. Protection can be considered ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Octopus Legacy launches life cover with Shepherds Friendly

Octopus Legacy launches life cover with Shepherds Friendly

Designed to reduce anxiety

Jaskeet Briah
clock 10 December 2025 • 2 min read
Aviva updates online trust process

Aviva updates online trust process

Digitised trust for individual protection

Cameron Roberts
clock 28 November 2025 • 1 min read
Fairer Finance adds former FCA chair to consumer board

Fairer Finance adds former FCA chair to consumer board

Charles Randell CBE joins

Jaskeet Briah
clock 28 November 2025 • 1 min read