"Our new protection referral panel bolsters our ability to help advisers find the right protection cover for their clients."
The panel comprises protection specialists Assured Futures, Essential Insurance, Pure Protect and The Insurance Surgery. It gives advisers a range of referral partners to choose from and will particularly appeal to firms that do not wish to advise in this area but still want to make sure their clients’ financial wellbeing is protected.
The new protection referral solution forms part of Sesame Bankhall Group’s recently launched Protection Pledge adviser campaign, which aims to improve the financial resilience of UK households by committing advisers to talk about the need for protection with every client.
The Group's recent study found that nearly half (48%) of advisers said they needed more support on how to advise business owners and the self-employed on their protection needs.
Ross Liston, managing director of Bankhall and PMS, said: “Our new protection referral panel bolsters our ability to help advisers find the right protection cover for their clients. Our four referral partners are established experts in their field and offer a range of quality protection advice solutions.
“Protection is a hugely important issue and one that advisers need to discuss with all their clients. That is why we recently launched our Protection Pledge campaign, to increase awareness and support. By encouraging advisers across the UK to stress the importance of getting covered to protect against the unexpected, we can help consumers to become more financially resilient. The launch of our new referral solution means that firms that do not wish to give protection advice can still do the right thing and look after their clients’ financial wellbeing.”