View more on these topics

Zurich urges advisers to revisit client bank

Zurich is urging more advisers to take advantage of market conditions and revisit existing clients after research by the insurer found 34 per cent of clients contact their adviser less than once a year.

Research by the Swiss insurer also found just 27 per cent contact their financial adviser just once a year, 19 per cent speak to their adviser every six month while 11 per cent make contact every three months.

The same study also found women less likely to keep in regular contact with their adviser than men, with nearly four out of ten women, 39 per cent, seeing their adviser less than once a year, compared to 29 per cent of men.

Zurich UK Life business development director Tony Solomon says: “Our research clearly shows there is a lot more work to be done to encourage people to build closer relationships with their advisers and ensure people seek regular advice to help plan their financial futures.

“As the economic outlook remains uncertain, there is a real opportunity, now more than ever, for advisers to add value and demonstrate their expertise. This will ensure their clients are as financially prepared as possible in these challenging times.”


FSA fines Egg £721,000 for PPI failings

The FSA has fined Egg Banking £721,000 for serious failings in its sales of credit card payment protection insurance and it is likely to have to pay significant sums in compensation.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm