F&TRC has added tele-underwriting and adviser remuneration to its list on ongoing projects in the protection market.
The Forum has already set its sights on a statement of best practice for collecting online signatures and has now agreed to begin assessing the various tele-underwriting and remuneration processes in place. Adviser remuneration is likely to become a key dividing line in the industry after the implementation of the Retail Distribution Review (RDR), and some intermediaries are already suggesting there should be more options available. Peter Chadborn, director of Plan Money, explained in this area the protection industry was out of step with the rest of financial services. "It is time...
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