Kerry Nelson has been arguing that IFAs need to offer more protection for more than a decade
Apart from anything else, protection presents a remarkably good news story for the financial services industry, certainly when looked at from a claims point of view. Figures from the Association of British Insurers (ABI) and Group Risk Development (GRiD) showed payouts in 2018 of more than £5.3 billion and a £200 million increase year-on-year. The claims paid surpassed 200,000 for the first time ever and an impressive 97.6% of claims were met. Almost every year within our own client base we...
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