07 WINTER PROTECT NEWSLETTER Clearly we will be keeping a close eye on all areas and we will be updating you on actions needed by firms to keep on track from a regulatory perspective. Renters Rights Bill 2026 will see the implementation of the Renters Rights Bill to offer Tenants greater Protection. We know that over 5 million households in the UK are served by Private Landlords most of who offer a high level of service to their clients. Many of your own B2L clients will face uncertainty over rental payments and potential Legal Bills should things go awry so don’t forget that there are GI solutions out there to support them in both of these areas – please speak to our Helpdesk if you require any more information New Entrants and/or New Products The FCA has been looking at access to Markets and barriers to entry as part of the review and it will be interesting to get their thoughts and suggestions as to how the Provider Market has evolved and potentially how it will develop l moving forward. During 2023 we saw the closure of Aegon and the sale of AIG to AVIVA without any significant entrants to the Market since, potentially stifling competition. Insurers will say that margins are tight and new entrants need to be competitively priced or have significant USPs to survive and then prosper – Term Assurance Rates seem to have reduced this Year according to research by I Pipeline and so barriers do exist. We know that competition creates a positive environment for Consumers so we need newcomers to keep the Market a healthy one. There have been whispers of potential new entrants into the space but we will need to see how the Provider landscape unfolds We will continue to update you on Providers and Products as they emerge and it will be interesting to see what further innovations come out of Provider world in the response to the FCA review. CPD as important as ever in 2026 We know from our usage that the CPD Academy has been more important to firms than ever this year as well as the Test Zone. This Year we were proud that the free Academy produced it’s 100k of Hours learned in the past month showing how important this Tool has been. Currently there are 1,662 test zone licences being used by Paradigm advisers and since launch, 34544 tests have been passed. Expect the unexpected – Focus on what you can control Focussing on what you can control has never been more important for commercial revenue into your businesses. There are huge opportunities out there for 2026 and whether it is by doing things within your own firms or “signposting” them elsewhere - clients can be looked after in the way not just the regulator wants but how you as Adviser want them to be covered in the event of any changes to their Health and Wellbeing. Signposting will become more and more important especially in the area of impaired Lives and we have a solution here for you too. Over the years we have tried to develop a proposition that adds real value beyond just commission and the usage of the Academy, the underwriting helpline and the CPD Events are testimony to how many of you value what we do. A big thanks goes to all of the team involved in delivering those services to you but the biggest thanks go to you our Business partners for Protection who continue to put faith in us to deliver those services for your clients. All of us at Paradigm Protect are looking forward to continue supporting you in to 2026 and let me wish you, and all of your families a Happy Christmas and a prosperous and moreover healthy New Year.
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