Business protection is one of the largest untapped markets in desperate need of financial advice. Clare Harrop issues a call to arms
The recession of the past few years has put all types of business, of all sizes, under pressure. But while the economy continues to stagnate, firms continue to find new ways to protect their operations,...
'Rely on plan B'
Tom Baigrie, the chief executive of protection broker LifeSearch, has hit out at product providers for pretending to "police" advisers' relationships with their customers, a practice he dubbed "institutional petty theft".
Scottish Widows is considering re-entering the IFA protection market, possibly in 2014.
Almost two-thirds (63%) of small, family-run businesses would not survive the loss of a key member of staff, according to Scottish Widows.
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams