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IFA Life launches adviser mentoring forum

Social networking site IFA Life has launched a new mentoring forum to harness interest from less-experienced IFAs who want to develop their career in financial services.

IFA Life says it has seen strong interest from younger IFAs who want to advance their career, despite predictions the RDR will result in a disappearance of IFA firms.

The forum allows younger IFAs to find more experienced advisers who will mentor and offer advice, guidance and direction to help them develop their career.

IFA Life says it is already holding monthly networking meetings where it hopes to dedicate a section to a mentoring program.

IFA Life founder Philip Calvert says: “Networking and sharing of best practice is now an everyday activity on the website, but what has been particularly heartening is that senior members of the profession are enthusiastically putting themselves forward as mentors with absolutely not self interest.

“Transitioning and building a financial advice business is not an exact science; access to those who have ‘been then and done it’ is essential, so we want to match up those looking for help with those who are willing and able to mentor them.”

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Case study: administration — managing group life schemes

Our client leads the global market in high-tech electronics manufacturing and digital media. The trustees of the company’s final salary pension scheme insure death-in-service lump sum and dependants’ pension death benefits for active employees, as well as dependants’ pension benefits for deferred members (those who have left service).

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