Date: Friday 3rd September
The Right Mortgage & Protection Network launch new Vulnerability Hub
The Right Mortgage and Protection Network have prioritised advisers’ need for awareness and launched a brand-new hub on vulnerability.
The Right Mortgage Network has launched a brand-new Vulnerability Hub aimed at prioritising vulnerability as a focus topic for advisers working in the current world. Acknowledging that vulnerability is no simple ‘one size fits all’ term, The Network has created a new wealth of resources and educational content on the topic for all its member firms.
The Vulnerability Hub includes access to: a new Vulnerability Checklist which will become mandatory to complete a full assessment of each individual customer; a raft of interactive information for advisers to help their vulnerable customers; sales aids to help support the process; “Time to Talk”, the dedicated area acting as a ‘safe place’ for advisers to go to if they need more support personally, which also includes information around supporting adviser firm’s staff through COVID and other external influences. The Right Mortgage Network believes their advisers are at the centre of what they are aiming to do when addressing the issue of vulnerability.
“We are very proud to announce the introduction of The Vulnerability Hub to our network adviser site and the extra steps we are introducing to all our product sales processes. The team of Vulnerability Champions have worked very hard to get as much resource together as possible and we wish to continue to work & assist our advisers in this area; not only to help their customers but to also create a supportive place for them as well, if they need it. We hope that this development will help shape how advisers think about the importance of vulnerability across all customers. Not only for the advisers at The Right Mortgage Network but across the wider industry too.” Victoria Wilson, Equity Release Manager, Head of Vulnerability Champions
Martin Wilson, CEO of The Right Mortgage Network adds:
“Vulnerability is often attributed to older clients or those with varying degrees of capacity; this project, however, aims to highlight the different types of clients who could be classed as vulnerable and draws an important focus for advisers in how they identify these clients and adjust their processes and behaviours accordingly. We are very excited to launch this initiative for our members and recognise the impact this could have on our members and shaping the industry’s reactions to vulnerability too.”