SL boosts adviser offering with PolicyPlus acquisition

The acquisition, says SL, boosts its offering in the TEP market to IFAs and policy holders wishing to value and sell their endowments. As part of the purchase, SL also acquires the internet division of PolicyPlus International Freetrawl.com. The Freetrawl acquisition, says the company, will complement its existing investment in the TEP Exchange, providing bidding platforms for IFAs looking to sell policies on behalf of clients. "PolicyPlus is a long standing competitor in the TEPs market and one that we have admired and worked with cooperatively over the years," says SL chief execut...