Friends Prov launches online IFA-agency agreement service

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Friends Provident has launched a system to enable IFAs to set up an agency agreement online.

The provider says the process makes it easier for IFAs to apply for an agency trading agreement with Friends Provident and speeds up the process and eliminates unnecessary paperwork. The system also provides an online application acknowledgement but advisers can still use the traditional paper route as Friends Provident stores the relevant forms on its website. Dave Mace, head of e-business at Friends Provident, says: “Previously, the process for setting up a new agency account required the IFA to obtain a paper agency application form from a Friends Provident consultant, manually compl...

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