UK: ZURICH RECRUITS TOP BUSINESS CONSULTANTS
Article Abstract:
Zurich has recruited top business consultants from major firms such as Cap Gemini and PricewaterhouseCoopers prior to the launch of the Zurich Advice Network for wealthy clients. The recruits will be responsible for increasing the productivity of the sales teams which are due to roll out in September 2001. Broker consultants are also being headhunted from IFA offices prior to the introduction of an electronic trading platform for the 4200 Allied Dunbar-tied sales personnel, with GBu 4mn allocated for the new structure. Some smaller franchises may have to combine forces as a result of the new model, which involves tiering the network around specialist advisers.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: LIA announces quality mark
Article Abstract:
The LIA has announced a quality mark for accredited UK financial advisers, covering tied agents and independent financial advisers (IFAs). This envisages testing of regulatory knowledge and core competence on an annual basis, as in the US, and professional development. The scheme will operate alongside the Raising Standards initiative of the Associations of British Insurers, which is supportive of the mark. Also backing the scheme is the Association of Financial Advisers.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: Bancassurers are IFA's biggest threat
Article Abstract:
Bancassurers are seen as the biggest threat to the business of independent financial advisers (IFAs), according to findings from an IFAS debate at the 2001 Pims conference. An IFA delegate has said that multi-ties are only advantageous to bancassurers, who are seen to be driving the polarization debate
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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