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Scott Am launches on-line stakeholder


Scottish Amicable has launched an internet-based stakeholder pension for the IFA channel.


The life office&#39s Premier Group Personal Pension is targeted at intermediaries selling to corporate clients and will allow IFAs to deliver and monitor the product on-line.


Scot Am says the product will offer significant cost savings to advisers by cutting out the paperwork, and plans to offer a commission scale between 0.6 and 1.5 per cent.


Scottish Amicable deputy chief executive David Harding says: “It takes away an awful lot of the administration and enables IFAs to focus their time and effort on giving advice.”

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