IFAs tell Stan Life 'we've lost confidence in you'

In a survey conducted by Professional Adviser, almost a quarter of advisers say they no longer trust the company and its products, while a further quarter remain unsure. Less than half (43%) said they were certain they would continue to work with the company. However, some advisers have defended the life assurer's actions and describe its decision to compensate 97,000 customers who lost almost 5% in pension funds they thought were safe as "swift and correct". Chris Geeson, managing director at Geeson Financial Services, says he has lost faith in a stalwart of the financial world. "The...