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And, although sales of offshore life products have declined this year almost across the board, the fundamental reasons for using a life insurance product have not changed.
Here, Chris Lean, a consultant at Prague-based Square Mile Financial Services, highlights ten reasons why life insurance is still important and offers a few reminders it may be worth sharing with clients.
Portfolios can be tailored to individual clients’ timescales and drawdown needs
It could reach as high as 5% in the coming months as Chancellor Rachel Reeves’ National Insurance changes come into effect, according to some
In total assets terms, Hargreaves Lansdown remained comfortably ahead
The Treasury is set to launch a consultation on ISA reform in the coming weeks, according to the Financial Times
Both sides have cut tariffs for a 90-day period – but there is still work to be done to reach formal agreement
While firm will launch its first active ETF range in the near future
