Scot Am to alter terms on Optimisa

Scottish Amicable is boosting IFA commission by 1% for lump sum investments in its Optimisa product, which links to a number of external funds, writes Jenne Mannion. Until April 5 this year, IFAs will receive 4% instead of the standard 3% on investments in Optimisa. as well as offering in-house Scottish Amicable funds, managed by Prudential, Optimisa also has links to products offered by Mercury, Newton, Perpetual, Phillips & Drew and Schroders. In addition it offers access to the £60bn Prudential with-profits fund, the largest with-profits fund in the UK. Minimum lump sum investment in ...