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Peter Chadborn

Cases where remuneration is not the only reward for an IFA

by Peter Chadborn 21/12/10 Category: Comment

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Peter Chadborn, Director of Plan Money considers cases where remuneration is not the only reward for an IFA RDR is making us IFAs question more than ever the services we provide and the remuneration we receive in doing so. Whether its protection, mortgage or investment advice, we have got to ensure our remuneration is fair and transparent, which is all good as far as I’m concerned. And why wouldn’t we if we want to instill trust in those we engage with? What is harder for IFAs to get to grips with is the cases where the remuneration is too low…
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Our latest blog is from Peter Chadborn, Partner at CBK

by Peter Chadborn 28/07/10 Comment

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Munich Re recently suggested a GIO (guaranteed insurability option) as an optional extra for protection policies at the time of purchase which covers the policyholder against having to pay back-premiums if they were ever made compulsorily redundant and had to lapse their cover as a result; the reasons being that rewriting the policy may not necessarily be in the policyholder’s best interest. The reinsurer also pointed out that Providers should consider the acquisition costs of a new policy versus a little flexibility to keep an existing client on their books. The cynical amongst you would question the take up of…
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Peter Chadborn a partner at CBK (Colchester) asks what life will be like post-RDR…

by Peter Chadborn 04/05/10 Comment

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The corridors of power across the protection world are awash with speculation on how distribution will evolve pre and post RDR. One of the biggest concerns is that many IFAs writing protection business will turn their back on this sector in their stampede to become wealth managers. Ironically, the FSA were once concerned there would be a shift in the other direction due to advisers addiction to commission. The former is quite likely, the latter is not. However, I do not think the RDR can be singled out as the catalyst for this potential desertion. There are of course many…
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