Steve Wright gives his views on statements of advice as they related to life and health insurance.

Steve Wright asks: Is the illusion of knowledge holding your business back by preventing you from growing your skills as an adviser?

A Dispute Resolution Scheme has highlighted the importance of product knowledge for advisers. In a complaint against an insurance adviser, FSCL has suggested that “…  a key insight for insurance advisers is to ensure you are familiar with the policies you are recommending, so you can identify exclusions that might be relevant to your client.”