Imperius, which is part of the Abana Lda network, is the Federation of European IFAs’ 40th member.
“To reach the 40 member mark is very pleasing, not least because five of our member companies effectively became two last year following a couple of major mergers,” said the association’s chief executive, Paul Stanfield. “We have lost no advisers or assets but this consolidation has obviously affected company numbers.”
However, he said FEIFA’s “natural growth” has offset this, and now it has more businesses under its umbrella than ever before.
New regulation
Stanfield added that significant changes to European regulation means the federation’s ability to keep members informed and offer regular professional development and training services is hugely important.
“I think this explains our high membership retention and the fact that prospective members keep applying,” he said.
Imperius is run by Tim Blogg and is authorised to operate across Europe, Africa and in the Middle East. It offers a range of products, including QROPS, QNUPS and international savings plans.
FEIFA is a non-profit trade association for English-speaking advisers based or operating across the Continent.
Last month, it was announced that Guernsey-based provider, Cavendish Corporate Investments, was the latest business to join FEIFA’s partnership programme.
