South African financial services group FedSure is looking to enter the UK third-party administration ...
South African financial services group FedSure is looking to enter the UK third-party administration market, targeting financial institutions and investment-orientated IFAs. It will form a UK company called Fedsure Investment Products Services (FIPS) that will look to re-engineer product administration to benefit consumers and product providers. For intermediaries the group hopes to link the administration of investment products, offering a single administrator for pensions, insurance, Isas and unit trusts. Neil Whitfield, executive director of Fedsure Investments UK, said: "Fedsure is de...
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