View more on these topics

Website connects solicitors with IFAs

Training network Pro-Act is launching an internet portal aimed at putting lawyers in touch with specialist IFAs.

The site allows lawyers to find financial planners who specialise in areas such as inheritance tax planning, pensions and divorce, stakeholder and corporate protection.

The financial planners are Pro-Act members who have all been vetted for their “quality and commitment”. Pro-Act will be underpinning the quality assurance with high-level technical training.

Pro-Act is a pseudo-network of solicitors and IFAs. It is based on the need for solicitors to refer financial services matters to qualified professionals or risk being potentially negligent under the tighter FSA regime when N2 arrives next year.

As part of the launch, Pro-Act is offering all financial planning firms capable of handling specialist work a free website designed according to their wishes. IFAs can create links to their site from Pro-Act&#39s site at

Pro-Act director Annette Kinsman says: “The need for law firms to work with financial planners is increasing, with pensions and divorce, stakeholder and corporate protection becoming much more closely examined by the regulators and the general public.”


Steve Burgess

The content of stakeholder decision trees will be prescribed by the FSA, with product providers and financial advisers at liberty to personalise the presentation by using their own brand, amending the projection figures (to reflect an annual charge lower than 1per cent or a different retirement date) or changing the format.However, decision trees cannot be […]

High Stakes

This will be effective from April 6, 2001, when the new stakeholder plans will be launched. All employers with more than five staff on their payroll including the directors must give access to stakeholder or a suitable alternative scheme.The absolute latest date for schemes to be in place will be October 8, 2001 and a […]

The storm clouds gather over IPAs

The ABI and Autif have drawn battle lines as they both bid to dominate the new Government initiative.What makes it most surprising is the fact that many industry experts believe it is not clear that the IPA market has much of a future at allin its current format.The ABI claims the Treasury&#39s plan to exempt […]

Warning on FSAVC penalties

The Pension Advisers Support System is warning IFAs to complete the FSAVC review on time or face the same harsh penalties as those for breaches of the pension review.The warning comes as Pass reveals the IFA life offices with the biggest FSAVC populations include CGNU, Friends Provident, Prudential, Scottish Equitable and Standard Life.IFAs must identify […]

Seeking quality in uncertain markets

By Ewan McAlpine, Senior Client Portfolio Manager In uncertain times, investors naturally seek safety. But in fixed income markets, what does that really mean? Ewan McAlpine outlines the approach RLAM’s Fixed Income Team will be adopting across its credit funds in response to potentially volatile markets this year. Click here for full article


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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