RDR could see protection growth

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Fallout from the Retail Distribution Review (RDR) could mean more advisers will specialise in protection, according to this year's Protection Review survey.

More than half of respondents (51%) believe there would be greater attention on the sector post-RDR, which would continue to build on the current trend. The last year saw a significant increase in advisers focusing solely on the sector, up from 0.8% to 5.9% over the period. More than a third (37.5%) of IFAs surveyed also expect to write more protection business in the coming 12 months. Advisers appear divided on the key elements of technology they require to support their business. A total of 82% said better and faster service matters more than marketing support (60%) while technical ...

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