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

Finances negatively impacting young adults' mental health

Finances negatively impacting young adults' mental health

The Exeter research findings

Jaskeet Briah
clock 10 July 2026 • 2 min read
CII looks to reduce repeat disclosures for vulnerable customers

CII looks to reduce repeat disclosures for vulnerable customers

Launches cross-sector Vulnerability Data Sharing Taskforce

Jaskeet Briah
clock 08 July 2026 • 2 min read
UK lags behind global countries in managing chronic health: Zurich

UK lags behind global countries in managing chronic health: Zurich

Provider publishes Chronic Care Index

Jaskeet Briah
clock 07 July 2026 • 3 min read