View more on these topics

Scot Prov launches ‘source of funds’ concession

Scottish Provident has introduced the ‘source of funds’ concession for self-assurance term business, in line with anti-money laundering guidance.

The concession removes the need for advisers to complete an introduction verification certificate. Where the concession is not available, for example, if premiums are paid by a third party, the simplified, one page IVC can now be used.

Head of marketing Alison Turner-Holmes says: “This move will speed up and simplify the whole application process for the client and adviser. For Pegasus business, intermediaries can still take advantage of the simplified IVC.”

Recommended

A Shaw thing

Sam Shaw is a reporter on Money MarketingThe joys of having taken Monday off as leave soon became a distant memory as I walk in on press day to land straight in the middle of the Friends Provident/Resolution merger talks.Having spent much of Tuesday discussing the “what might happen” with many an IFA to gauge […]

Crown Equity Release warns pensioners over sale-and-rent schemes

Crown Equity Release has urged pensioners and the industry to be cautious when considering sale-and-rent alternatives to equity release for the elderly. It claims that many unscrupulous firms are targeting cash-strapped pensioners who have valuable assets, buying their homes at below market value and renting it back to the former owners. However, in a large […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com