Protection 2012 - Facing the future

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Protection business in 2012 and 2013 will be affected by events this year and some fundamental changes to the way customers policies are priced into the next. Richard Verdin explains.

While the Olympics and Euro 2012 will act to suppress sales, the pressures building into 2013 could well act to increase sales opportunities during 2012, albeit at the expense of business that would otherwise have been written next year. It is worth thinking about the very real implications for advisers’ marketing, sales, resourcing and cashflow planning. If these have not already been factored into your business plans, then maybe you should think again. The removal of the I-E tax regime, the introduction of genderless pricing, and planning for the implications of the Retail Distribut...

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