Scottish Widows is considering re-entering the IFA protection market, possibly in 2014.
The provider is researching a "possible entry strategy" into the individual protection market, though a final decision is understood to be months away. Scottish Widows exited the channel some five years...
'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".
Almost two-thirds (63%) of small, family-run businesses would not survive the loss of a key member of staff, according to Scottish Widows.
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