The PIA has given Sun Life of Canada regulatory approval to launch its IFA arm Sloc Independent.
The IFA will operate on referrals from the company's field force, concentrating on products the insurer does not provide like healthcare. It will start with three registered individuals but may grow to over 30 depending on referrals.
Sloc Independent will start trading on November 30. It will be headed by former Abbey National IFA regional manager for Scotland Barry Walsh.