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L&G sees growth in IFA online business

Legal & General says rolling out its online business completion service to include mortgage decreasing term assurance has shown that IFAs will trade online.

L&G started offering mortgage decreasing term assurance online four weeks ago and says that 25 per cent of all new business applications for the product are completed online.

L&G IFA e-commerce account director Paul Measures says: “With intermediaries seeing the benefits of the improved speed of service we now have 8,000 IFAs registered to do business online.”

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