Scottish Life is the latest provider to accept requests from former Honister Capital IFAs to transfer in bulk the advisers' clients to their new employer.
Scottish Life follows Aviva, Standard Life, Aegon and Skandia who have all said they will allow bulk novations following what they consider to be a termination of their contract with the now defunct firm, Honister Capital.
This follows the move by Honister administrators Grant Thornton, last month, to approve the sale of Honister advisers' pipeline commission to corporate advice firm MacRobins.
Honister Capital was put into administration in July, after it failed to secure professional indemnity insurance (PII) for its member firms.
Receipt of an uninsured claim for £6m contributed to the company's inability to secure PII.
A Scottish Life letter to advisers seen by IFAonline said: "We understand that the companies [Burns Anderson, Sage and Honister Partners] are not trading in administration and are no longer authorised by the FSA to process new business. Therefore members of the network are not able to offer financial advice to clients.
"We do however understand that they have sold the rights to recurring and pipeline commission to another IFA firm."
It added: "Scottish Life has terminated its relationships with [Honister Capital subsidiaries] Sage Financial Services and Burns-Anderson following this development.
"We have been considering how best to support advisers so that they may resume service to their clients with minimum disruption."
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