Does protection get the level of attention that it requires? Podcast by Ken Maxwell in IFA Magazine
In a recent episode of the IFA Talk Podcast, our director, Ken Maxwell, joined Sue Whitbread and Brandon Russell to discuss the importance of client protection.
During the interview, Sue brought up an interesting point, questioning whether IFAs prioritise safeguarding their clients’ wealth with the same level of attention as they do in helping them increase it.
Ken suggested that the need for clients to protect their wealth after retirement is, in many cases, often overlooked. He also noted that, when a client is passing on succession planning to the next generation, utilising life insurance to provide the liquidity to pay for Inheritance Tax is a strategy often missed.
Ken also discussed:
• Protecting client wealth during their lifetime – personal and business
• The benefits of income protection and shareholder protection
• The % of businesses who are underinsured or not insured.
Our thanks to Brandon for organising and Sue for co-hosting. You can listen to the full episode below here.
_____
John Lamb Hill Oldridge | The UK’s Foremost Specialist Protection Adviser
Author: Max Maxwell, director at John Lamb Hill Oldridge.
Podcast – IFA Magazine, April 2023
Other Insights
Ken Maxwell appears on Professional Adviser TV to discuss the unique needs of high-net-worth and ultra-high-net-worth clients
John Lamb Hill Oldridge Director Ken Maxwell appeared on a recent episode of Professional Adviser TV. Alongside the presenters, Ken discussed the unique needs of high-net-worth and ultra-high-net-worth clients amid the changes to the non-dom [...]
John Lamb Hill Oldridge featured in the Financial Times: Life insurance and inheritance tax planning
Our Associate Director, Holly Hill, was quoted in a recent article by the Financial Times exploring how changes to inheritance tax thresholds are prompting a closer look at protection-based solutions. You can find the article [...]
Podcast: Ken Maxwell discusses “A broker’s perspective on the underwriting challenges for high-value life cover” on IFA Talk
Director Ken Maxwell was recently invited to speak on the IFA Talk podcast, sharing a broker’s perspective on the underwriting challenges for high-value life cover. Ken covered a range of topics with hosts Sue and [...]