Friends Prov and SL alliance

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IFAs using the Friends Provident and Standard Life wrap platforms will be able to access real time valuations on their existing investment and pensions business with the two life companies.

Following a recently signed legacy sharing alliance, the wrap providers said the move meant intermediaries would be able to cut out the inconvenience and expense of having to re-register assets onto the platforms, as they had access to accurate information on demand. Christine Foyster, head of wealth management at Friends Provident, said: “Our alliance is a huge step forward to realising the full potential of a wrap being a one-stop shop for customers to view their entire investment portfolio. “Until now access to existing policy data had been a real stumbling block that has held back the...

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