Sanlam UK has revealed plans to form partnerships with 40 IFA firms by 2012 and help transform their business models for the RDR.
The UK arm of the South African financial services group already has a cluster of subsidiary companies in the country but says it is now focusing on the IFA market. "Our strategy is to take the Sanlam name out into the IFA community and present it as a brand to partner and work with IFA firms," says CEO of Sanlam UK Lukas van der Walt. "We see a value shift from product providers and asset managers to distributors and clients and we feel we can contribute to this." Sanlam consolidated its UK business units in June 2008 and it now has a growing portfolio of financial services bus...
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