I don’t suppose many advisers with clients in the Public Sector have lost much sleep over the recent news that there’s no regulatory requirement to provide a life cover option under the Local Government Pension Scheme (LGPS) AVC. So, administering authorities should henceforth find it easier to review and switch AVC providers.
In the latest AMI Protection Viewpoint report, only 39% of respondents recalled their broker asking about protection insurance, but 99% of brokers said they asked their clients about it
Life is a lottery. One minute everything could be going your way, the next something crops up that blocks your path. The problem may be small, simple to solve and something you can easily overcome to get back on track.
Over the recent weeks and months, I’ve had several conversations with Advisers where they are struggling to explain how providers approach workers with more than one job. This is not a new issue but one that’s more prevalent today.
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