Mass media praise the value of advice
The media is usually critical of advisers, often citing high commissions as an obstacle to providing objective and good value advice.
But recently, journalist Rob Stock found an adviser had been able to help a client save a substantial amount of money, keeping the client with the bank’s insurer.
Of course, you and I know that those problems are the exception, not the rule and you can imagine that I began to read the article with some trepidation.
It could have been about replacement business. Indeed, in many situations, the client may be better off replacing but that wasn’t the case here.
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