The Right Mortgage & Protection Network has launched a new Trust Hub following on from its content surrounding writing protection policies into Trust.
The network’s Trust Hub comprises a range of protection podcasts and webinars which demonstrate how to complete the process for each of the main protection providers.
It also contains a resource called ‘Trust Guru’ which the network claims maps out “virtually every generic question you would ever wish to ask about” how to write protection policies into trust, along with the corresponding answer written in understandable plain English.
In addition, the hub contains client-facing sales aids to help advisers with the conversations about the benefits of trusts and what is involved with being a trustee, as well as being a central place where advisers can find provider tools, documents and literature regarding trusts.
Vincent O’Connor, director of products at the Right Mortgage, said: “In my experience, advisers have sometimes struggled with the fundamental job of writing life cover protection policies into Trust. This perception seems to be backed up by the number of life cover policies which are actually written into trust each year across the UK and it’s something we all need continue to strive to improve.
“It’s great to see that providers are continuing to invest in technology to make the job of writing protection policies into Trust easier – long may that continue. But when you look at the diversity of the Trust processes from each of the main providers; this can create challenges for advisers because they are all quite different.
“That’s why we’ve created a central resource for our advisers called the Trust Hub. It’s generic and it aims to help and support advisers with the practicality of writing more protection policies into Trust – both new policies and those already in force.
“I am delighted to launch this resource to our advisers which will help to boost knowledge, confidence and application of getting the job done which will inevitably result in even more good consumer outcomes.”
