Allied Dunbar invests £50m in electronic trading

Professional Adviser
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A £50 million investment from Allied Dunbar will mean advisors are able to underwrite customers for ...

A £50 million investment from Allied Dunbar will mean advisors are able to underwrite customers for protection policies at the point of sale. The new electronic trading system - administered through the laptops of advisors - has in-built quality controls designed to allay consumer concern about the integrity of the advice they receive. Allied Dunbar chief executive Keith Baldwin says although "we believe such concern is largely misplaced, we have listened to consumers and are doing something about it". "We believe face-to-face advice is the way forward for the sale of more complex...

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