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Rivals approach Equitable sales staff

Equitable Life&#39s attempts to sell its 450 sales staff are under threat from rivals seeking to poach the most productive staff members.

National IFA Inter-Alliance hoped to take over about 300 of the most productive staff and Lighthouse said it was in talks with about 20 Equitable employees.

Equitable still hopes to sell its workforce along with its asset management and administration systems but accepts that this may not be possible. An Equitable spokesperson says: “It will come down to what is the best proposition for policyholders.”

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