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Standard says it will not compete with IFAs

Standard Life says it will not compete with IFAs despite promoting its wrap direct to clients.

The company has written to members of its private-client database, promoting its wrap’s benefits, but says consumers will only be contacted if they do not have an IFA.

Marketing director John Taylor says: “We will never get in a situation where we are competing with IFAs. If we are introduced by or if we know a client has an IFA, we will not contact them. Our wrap was developed for IFAs but the direct salesforce can use the same technology.”

Family Office IFA Sebastian Lyle says: “I have always feared providers would use their right to contact clients directly.”

Argyle Financial Management director Phil Melville says: “Providers should not go direct but regrettably it seems to be happening.”


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MetLife secures Sipp audience

The European arm of US-based MetLife has made its UK debut with the introduction of a self-invested personal pension and a related trustee investment plan.

Intelliflo launches client portal

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Dividend slump? Not if you look globally

By George Boyd-Bowman, Manager of the Neptune Global Income Fund Recent research has indicated that global dividend growth will slump by as much as 50 per cent in 2016. As collapsing commodities hit high-profile dividend payers, George Boyd-Bowman explains why the US and Japan are his top picks for income growth in 2016. Click here […]


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