Stephen Crosbie: How protection can help future-proof your business

Another income stream

clock • 4 min read

A natural extension of the adviser's responsibilities, says Stephen Crosbie, is to consider how their clients would achieve their investment and retirement goals if they were unable to work or became seriously ill

If we have learnt anything in the last year or two, it is that the future is very unpredictable. Who knows what is around the corner? As the saying goes, we should probably all ‘hope for the best and prepare for the worst'. The impact of political uncertainty caused by Brexit, the recent general election and the ‘Trump effect', coupled with rising inflation, increased levels of debt and very low interest rates has made it difficult to know what's best for any business. And while investments are riding high just now, what if confidence slips? Despite all of this, protection has remaine...

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

The FCA Protection Market Study: What it means for intermediaries

The FCA Protection Market Study: What it means for intermediaries

'The FCA's review could lead to changes for intermediaries'

Kris Armstrong
clock 09 May 2025 • 4 min read
Are protection policies the key to avoid increased IHT bills?

Are protection policies the key to avoid increased IHT bills?

Changes have put life cover ‘firmly back into conversation’

Isabel Baxter
clock 08 May 2025 • 4 min read
PA360: 'The way we talk about protection has moved on'

PA360: 'The way we talk about protection has moved on'

Consumer Duty has increased interest from IFAs and wealth managers

Jenna Brown
clock 02 May 2025 • 4 min read