IFA deleted from Standard Life policies without permission

clock

An IFA has claimed Standard Life removed him from his client's policies without instruction.

Mike Inkley, director of advice firm Sanderson Law, said his client found what she believed was a statement for an old savings plan with Standard Life in her paperwork in 2009. The client telephoned Standard Life for a valuation of the policy and was asked by a staff member if she wanted to "involve her IFA" in the matter. She did not think it was necessary to ask Inkley for advice as she only wanted to release the money from the policy. She later found Standard Life had removed Inkley from all three of her SL policies, the adviser claimed. Inkley also claimed the insurer gave h...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Women in Financial Advice Awards 2026: Nominations close today!

Women in Financial Advice Awards 2026: Nominations close today!

Awards to be held at Hilton Bankside in London

Professional Adviser
clock 08 May 2026 • 1 min read
'Quality is the golden thread' – why Benchmark won Best Advice Network

'Quality is the golden thread' – why Benchmark won Best Advice Network

PA Awards 2026 winner shares secrets to success

Professional Adviser
clock 29 April 2026 • 3 min read
Editor's message: When new beginnings come together

Editor's message: When new beginnings come together

Professional Adviser will be back on Tuesday

Jen Frost
clock 02 April 2026 • 1 min read