Do you think providers should own advice businesses?
Standard Life has declared its intention to build a major national financial advice business by agreeing to acquire wealth management firm Pearson Jones from Skipton Building Society. The acquisition marks a return to the advice business for the provider. The provider, which as recently as 2010 owned stakes in two financial advisory brands but sold them to put "clear blue water" between itself as a provider and advisers, said the launch was in response to customer demand brought on by the pension flexibilities announced at Budget 2014. This week's poll asks advisers to share their ...
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