Offering a more competitive market
The Competition Authority found that demand for insurance was more price sensitive in the broker market than through direct channels. With 1,200 Financial Brokers in Ireland, the eight domestic life companies are much more competitive with regard to price, product design, investment performance and service than they would be if they dealt with advisers who are tied only to them.
Solid financial plans and strategy
Some of the typical financial goals Financial Brokers help with are: protecting the living standard of your family in the event of your death; protecting your living standard against illness or accidents, which may prevent you from working; saving for your children’s education; saving for your retirement; investing lumps sums appropriately to get the best return; and devising a plan to achieve financial independence. Your Financial Broker will conduct a “factfind” to get to know you and your requirements and develop a strategy that meets your goals.
Assisting with Key Financial Goals:
The Competition Authority found that demand for insurance was more price sensitive in the broker market than through direct channels. With 1,200 Financial Brokers in Ireland, the eight domestic life companies are much more competitive with regard to price, product design, investment performance and service than they would be if they dealt with advisers who are tied only to them.