Scottish Mutual is looking to enter the stakeholder market despite warning from a financial strength...
Scottish Mutual is looking to enter the stakeholder market despite warning from a financial strength ratings agency that its IFA-focused market may be too narrow to successfully sell the product. Intermediaries will remain the dominant channel of life pensions distribution but IFA-only providers such as Scottish Mutual may suffer if they do not explore other methods of reaching the consumer market, according to international insurance rating agency AM Best. AM Best rates UK life companies based on their financial strength, ranging from S for suspended, D for poor, C+ for marginal and A+ a...
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