Three things your clients may call you about this week ...

Contentious article in The Times

clock • 2 min read

Life policies, the state pension and choosing a wealth manager - here's our weekly heads-up of articles in the weekend newspapers that may have caught your clients' attention...

‘My life policy was £158 a month. Now I pay £1,500 This article from The Times, is a contentious one as many financial advisers have taken to social media to bemoan its accuracy and framing. It is about retired adviser Eric Marshall who bought a policy through Scottish Provident, part of the Phoenix Group, that would give him £150,000 when he dies, but claims complications have arisen over the years that make it an unfair purchase. "If I stop paying and cash in the policy, I get nothing and they get to keep all the premiums I have paid for the past 20 years," he says. "If I decide ...

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