View more on these topics

ScotLife offers IFAs transfer literature

Scottish Life is setting up a marketing initiative des-igned to help IFAs capitalise on the increased group pension transfer opportunities arising from new stakeholder regulations.

IFAs will be offered literature and a CD. The material is free to IFAs from their local Scottish Life branch or sales consultant.

The aim is to illustrate how the review and transfer of an existing group scheme can enable scheme members and employers to benefit in a variety of ways.

These include lower char-ges, a wider range of investment options and the added potential of better investment performance.

ScotLife says transfers are the perfect opportunity for IFAs to increase their group pension business and demonstrate the value of good quality advice.

It says new regulations mean thousands of employers need to review their existing employee pension arrangements. This has led to the realisation that many schemes are less competitive and less flexible than the new wave of group pensions products.

Recommended

Sun Life Financial of Canada is still alive and kicking

I am writing regarding the recent article in Money Marketing concerning the acquisition of Sun Bank, our former sister company, by Portman Building Society.Towards the bottom of the first column, there is a state-ment which says: “Sun Life Financial of Canada is known to be keen to leave the UK market.”It is, of course, true […]

Global funds seek UK haven

Two-thirds of unit trusts in the global growth sector reduced exposure to the US in August, according to Lipper&#39s monthly review of UK funds.Fund managers were looking to invest in the UK, with 60 per cent increasing their stake in UK equities.The move away from the US followed the decline of the S&P 500 index […]

New loan service bypasses MCCB Bond deals from Capital One

US-based personal lending operation Capital One will be distributing its savings products through IFAs for the first time from this autumn.The company told the convention that it plans initially to target IFA clients only through Bankhall members but will be looking to expand its IFA distribution through other firms in the longer term. Capital One, […]

Roadshows to offer e-commerce advice

Norwich Union is teaming up with IFA website provider My Money Adviser to hold free roadshows to show advisers how they can build an effective e-commerce business.The roadshows will start at the end of October and are being held across the country including Edinburgh, Belfast, Sheffield, Birmingham, Cardiff, Cambridge and London.IFAs can learn about how […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment