Insurance Brokers - The Biggest Cohort in Ireland

The majority of non-bank financial advisors and advice firms in Ireland are insurance brokers. This is neither a positive or a negative, it's not a judgment. It's a fact. As of the first of April 2020, for an advisor to be allowed to refer to themselves as providing independent financial advice in Ireland, they must not receive any form of commission from any insurance company. So as a result, most insurance brokers who used to call themselves independent financial advisors can no longer call themselves that,. They are now using the title Financial Planner, etc. Which can confuse things, they are still insurance brokers.