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Clerical offers stake support

City of London workers will soon get the chance to strap themselves to

horizontal poles and play human table football on a giant inflatable pitch.

Save the Children is hosting its annual tournament to raise money at

Broadgate Arena in the City of London between June 12 and 16. Once again,

the charity is inviting City companies to enter a team and join the fun.

Last year, 40 teams took part in the event and raised 14,000. The

organisation hopes to raise 20,000 this year.

Matches are played during lunchtimes and evenings.

Clerical Medical is launching a twin package of stakeholder support to

help IFAs in becoming the first point of call for employers seeking advice

on stakeholder.

The support measures are divided into an employer package and an employee

package, both including videos, a CD-Rom and printed material to help IFAs

provide advice to clients.

The move is in response to research commissioned by the life office which

indica- tes that 40 per cent of emp- loyers would turn to IFAs for

information about stakeholder pensions.

This is more than triple the figure that would consult any other

professional group. Accountants came second with 12 per cent of respondents

saying they would turn to them for help.

The same research shows that only 25 per cent of consumers have even heard

of stakeholder and, of these, a mere 1 per cent claim to be very

knowledgeable. Thirty-nine per cent do not think they will have to offer

access to stakeholder.

Clerical Medical feels these numbers offer IFAs an ideal chance to become

the primary providers of information and advice in this area.

Sales development manager Martyn Nethercott says: “For nearly every

company employing five or more people, access to stakeholder is compulsory,

yet most do not seem to know that.

“If that is not an opportunity for IFAs then I don&#39t know what is. If an

IFA can find the right message and communicate it well, then the corporate

market is an attractive prospect.”

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