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L&G launches IFA kit for populating stakeholder

Legal & General has launched a new tool-kit to help IFAs populate and manage stakeholder and group personal pension schemes. The kit contains a range of targeted literature for the IFA to use with employers and a guide to help explain the benefit of joining the scheme to staff. It also has a scheme management disk for employers, which covers announcement letters, regular reviews and dealing with scheme leavers and joiners.

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Inside Edge – Tony Kempster

In a Saturday FT article a couple of weeks ago, Stuart Fowler exhorted Ron Sandler to force the closure of all with-profits funds and insist those clients move their cash into other investment vehicles where they can see what exactly is happening to their money. He thinks this would be good for investor education and […]

FSA invites IFAs to interviews on CP121

The FSA has asked IFAs to come in for face-to-face interviews to gauge attitudes towards how their businesses will look following depolarisation.The interviews will be conducted by research group Nera and will look to establish an idea of how many advisers will go fee-based and how many will look to become distributor firms.The exercise forms […]

Hargreaves Lansdown to offer its own simple Sipp in supermart

Hargreaves Lansdown is to offer its own simplified self-invested personal pension using its Vantage fund supermarket platform.The firm claims the Sipp will not fall foul of the better than best rules and says it is aimed at a new market rather than competing with specialist providers such as James Hay.Managing director Peter Hargreaves says the […]

What they said in G80 workshops

“The IFA of the future will be a fully time-controlled, cost-driven, professional practice. The bigger distributors will have both and AFA and a smaller (initially) IFA part.“The AFA will look like second-class citizen.”“Advice firms have to emphasise ongoing relationships and move away from transactions. They will need IT to support this, service and marketing-orientated.”“Use of […]

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