IFAs line up to sell general insurance and mortgages.
There has been a 10% increase in the number of independent financial advisers (IFAs) selling, or int...
There has been a 10% increase in the number of independent financialadvisers (IFAs) selling, or intending to sell, general insurance products
and mortgages over the past two years, according to Standard Life
Bank.
Standard Life claims certain IFAs are deriving as much as a third of their
annual income through selling mortgages and other support products.
The bank believes the dramatic rise is due to the government's intention
to limit commission levels on products such as ISAs and stakeholder
pensi
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