IFAs paraded as 'extinct dinosaurs' by life company

clock • 1 min read

Independent financial advisers have joined the Tyrannosaurus Rexs, Triceratops and Velociraptors as an extinct species in an exhibition sponsored by online life insurer Beagle Street.

The tongue-in-cheek show is on at The Dinosaur Museum on Britain's Jurassic coast in Dorset. It features a man in a suit holding a briefcase who is encased in glass to represent an IFA, alongside exhibits of prehistoric animals. Next to it is a placard stating: 'Independent financial advisers were a complex group of animals that first appeared in the pre-internet age. 'They were the dominant terrestrial financial advisers in a world where financial products were so complicated an entire industry was created just to explain them. 'The birth of Beagle Street, an online life insura...

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

Join

 

Already a Professional Adviser member?

Login

More on Protection

Advised protection sales predicted to grow this year

Advised protection sales predicted to grow this year

'Growing sense that protection advice is changing for the better'

Cameron Roberts
clock 04 June 2024 • 2 min read
Protection is for life not just when clients climb the property ladder

Protection is for life not just when clients climb the property ladder

'Protection isn’t only needed when you buy a property'

Naomi Greatorex
clock 29 May 2024 • 3 min read
Partner Insight: Unlocking protection opportunities – advising high net worth clients

Partner Insight: Unlocking protection opportunities – advising high net worth clients

Jon Fuller, Head of Specialist Protection at Royal London, considers the nuances in advising high net worth clients

Jon Fuller, Head of Specialist Protection at Royal London
clock 28 May 2024 • 4 min read