Your Mortgage Decisions has announced an increased focus on protection sales on the back of the government’s recent Comprehensive Spending Review proposals.
With Chancellor George Osborne unveiling £81bn of planned spending cuts over the next four years leading to estimated public sector job losses of 490,000, Your Mortgage Decisions is looking to increase protection sales activity amongst its advisers to ensure clients have sufficient protection amidst the current economic instability.
Your Mortgage Decisions will be running a number of protection-focused regional sales and training seminars for its advisers.
Martin Wade, director at Your Mortgage Decisions, says: “Protection is more affordable than most people realise and in light of the recent cuts made by the Chancellor, which will have far-reaching repercussions, financial security should be top of people’s agendas. This underlines just how important it is when undertaking a comprehensive fact find to spend sufficient time and attention on protection requirements.
“Maximising the potential of this sales area will certainly benefit advisers and their clients as we all have to navigate some unstable times that lie ahead.”