Will a surprise move by one wrap platform help bring protection ‘back into the mainstream' of financial planning?
If protection has always been the trickiest sell, even though most advisers agree it should form the backbone of financial planning, one wrap platform may have just come up with the answer. Last week, Nucleus announced it was planning to expand its life assurance pilot, Wealth Protect, to a further 70 firms before full roll out later this year. The company had been offering a daily flexible term assurance product to some 11 adviser members, with marked success, since the end of last year. It said it may also start to offer income protection, critical illness and school fees planning p...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes