"Whilst the PDG Claims Charter and the Funeral Payment Pledge are our best known initiatives, we are working on a number of proposals to improve standards in policy retention, trusts, and distribution transparency."
- Neil McCarthy, chair of the PDG
Over the last 12 months, the Protection Distributors Group (PDG) has secured support from six industry organisations to fund operations, as well as assist the PDG in expanding the protection market and relevant initiatives that aim to have a positive impact on consumers who purchase protection products.
Commenting on this sponsorship, Sarah Paul, Chief Operating Officer at Panacea Adviser has said:
“As interest in our partner’s protection products and supporting content continues to grow amongst our community, becoming part of the Protection Distributors Group is a logical step for Panacea.
“The experience and knowledge that the PDG can provide will add strength, depth and variety to Panacea’s free-to-use IFA community proposition and we look forward to working with them closely over the coming months. All of which can be used to enhance adviser business operations which in turn can improve client outcomes."
Neil McCarthy, chair of the PDG, added:
“We are delighted to receive sponsorship support from Panacea and look forward to working with them to encourage better Protection understanding amongst the broader adviser community.
“Whilst the PDG Claims Charter, outlining what we feel is an industry-wide minimum best practice to help clients, and the Funeral Payment Pledge, are our best-known initiatives, we are working on a number of proposals to improve standards in policy retention, trusts, and distribution transparency.”