The Informed Benefits Buyer Approach



The Challenge
The UK and global employee benefits market is complex and dominated by large advisers. Their total remuneration can be opaque, often due to supplier alliances which offer a temptation to maximise profit margin ahead of individual client objectives.
Conflicts of interest such as consequential business arrangements and hospitality abound. Additionally, it is common for both clients and insurers to pay advisers, but without the client being aware.

The IBB Solution
The IBB solution focuses on:
The IBB Buyer-Side Diagnostic Review
The Diagnostic Review uncovers the commercial, governance and structural improvements which may be possible from your current arrangements and provides a concise summary of these findings.
Areas examined include:
An Executive Recommendation quantifies options and provides practical recommendations about how best to implement them.
What The Diagnostic Review Can Reveal:
Bringing your adviser with you
Advisers often welcome clients being more engaged and informed about their benefits.
IBB can help you understand and manage your adviser and supplier relationships whilst still obtaining best value from both.
Alternatively, you can delegate all or part of any change of plan you decide to action to IBB.
About Informed Benefits Buyer

IBB is a service provided by Iain Taylor Consulting (ITC). Neither IBB or ITC are Regulated Financial Advisers.
ITC and IBB are headed by Iain Taylor who has over 35 years’ financial services and employee benefits experience, both running his own company and previously working at a senior level with national and international advisers. He has a comprehensive knowledge of the industry and its practices. He recognised a market need for independent and unconflicted advice to help buyers manage insurers and advisers.
Contact
IBB intentionally operates as a small independent specialist practice undertaking a limited number of engagements each year.
Most engagements begin with a focused exploratory discussion designed to determine whether a broader review is likely to add value.
Initial discussions are informal and without obligation.

