Phil Thompson

speaker
1,592 appearances 4 recordings 3 series first heard Apr 2026 last heard 25 Aug

Phil Thompson’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Aug OctJan 26AprJulnow

Recordings per month over the last 12 months — 4 in all, peaking in Aug 2026 with 1.

Appearances

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We don't do that at Sky.
Now, the question you would be asking and most people would be asking, well, you greedy mugs, why don't you reduce my premiums?
I don't believe it's in the client's best interest, the advisor's best interest or the insurer's best interest.
Because what happens, and there was a big movement over the last 10 years, advisors were going, oh, we're going to
remove commissions out of our business.
And so they did.
And then there's a lot of clients without commissions on their policies that effectively no one wants to touch because the insurers can't help you because they can't be offering personal advice.
They're not in the business of offering personal advice.
So if someone without commissions wants to go to insurer and increase their cover,
almost all insurers will say, we can't help you.
You've got to go get advice.
And so we don't do it because we don't believe it's in the best interest of the clients, long-term interest.
And so, yes, you can do it.
There's almost no one in the market these days, and we're insurance specialists.
We've got friends with advice.
It's very collegiate.
We all talk to each other.
There's almost no one in the market who's offering advice
to remove commissions who are only doing insurance only.
They'll do it if they're going to charge you $5,000 ongoing fees, holistic advice.
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