Protection should be considered as an essential part of a financial plan for the wealthy every bit as much as the financially vulnerable, argues Paul Yates
There are lots of reasons to talk to clients about protection - but, unfortunately, an equally long list of perceived reasons why many advisers just do not bother. There is no need to repeat either list here because, if you have read this far, you probably already know the reasons all too well. Instead, it may be helpful simply to point out what might happen to a complex investment portfolio should the owner of those investments die prematurely or fall ill. How many of those investments are liquid? How many are wrapped up in property, trusts, schemes, private company shares - whatever b...
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