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concept group ties with feifa

23 Aug 12

Concept Group, formerly known for its range of Guernsey based QROPS, has partnered with European IFA association FEIFA.

Concept Group, formerly known for its range of Guernsey based QROPS, has partnered with European IFA association FEIFA.

The Federation of European Independent Financial Adviser’s partnership programme, which Concept is now part of, provides partner companies with the opportunity to distribute to FEIFA’s membership more directly.

According to FEIFA chief executive Paul Stanfield, partners obtain “considerable, and highly cost-effective, marketing and promotional opportunities to a focused distribution of licensed, regulated advisers across the Continent”.

Concept Group had largely focused its energies on its Guernsey based QROPS until March this year when the entire jurisdiction was effectively stripped of its QROPS status by HM Revenue & Customs. Since then it is understood the company has been working towards establishing QROPS in other European jurisdictions, products which will be made available to FEIFA members.

According to Concept managing director Roger Berry, the company has made significant change in recent months in order to “respond to the challenges of a changing market”.

“In the fast evolving international retirement planning arena, Concept continues to provide innovative solutions for distribution via the IFA market,” said Berry.

“Responding to the challenges of the changing market, Concept has latterly strengthened its management team, launched new market-leading products, and is set to become a truly multijurisdictional provider of retirement planning products with global reach. Concept’s reputation for technical excellence is shared by the membership of FEIFA, and we welcome the opportunity to work with them.”
 

Tags: Concept Group | FEIFA

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.