Plan Money

At the coalface of financial advice

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.

The critical illness market remains driven by definitions as 2015 sees insurers facing an ABI deadline and advisers with a need for 'complex' knowledge, writes Thomas Smith

Like it or not, when assessing the hours of work per case in relation to the remuneration, protection business is often less profitable than other lines of advice.

A quarter of protection advisers at a recent industry body training session said they were keen to ditch multi-application approaches in favour of more efficient pre-underwriting processes.

Adviser network Tenet has given the seal of approval to a critical illness comparison website for its members to use at discounted rates when assessing the market.

An aggregator will be partnering with many IFA firms in a bid to serve all client needs.

Advisers have not realised the impact the incoming Consumer Insurance Act will have when inputting medical information, a medical information provider has warned.

Advisers need to offer a spectrum of services from automated to full holistic financial planning, IFA firm Plan Money has stated.

I have a client looking to buy life and income protection (IP) cover. My problem is that, although he has indefinite leave to remain in the UK, he is a refugee and has no long-term medical or financial history. What problems are we likely to encounter?...