IFA signs up to Sanlam's hybrid advice model

clock

Sanlam UK has inked a deal with Statehouse Financial Management which will see the Wiltshire-based firm adopt Sanlam's hybrid advice model.

The partnership means Statehouse clients will initially be offered products and services from companies operating under the Sanlam umbrella but, if this does not meet client needs, then a whole of market solution will be sought. Whilst Statehouse is one of the first firms to adopt the company's hybrid model - launched last year - Sanlam is in discussions with a number of other IFA firms also seeking to adopt it.  "The retail distribution review is going to be the biggest shake up in our industry since the Financial Services act itself," said Sanlam UK head of distribution Nigel Speirs...

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 RDR

RDR ten years on: An advice industry changed for the better
RDR

RDR ten years on: An advice industry changed for the better

'The end of the advice industry as we know it'

Kevin Silvester
clock 08 February 2023 • 2 min read
RDR

Deja vu: Are we heading back to the future on commission?

Marty, fire up the DeLorean

Tim Sargisson
clock 13 January 2016 • 3 min read
RDR

Blog: How can we shrink the advice gap?

The advice gap has been a popular topic since the Retail Distribution Review, but hasn't this gap always existed?

clock 02 November 2015 •