Defaqto becomes IFA Promotion's latest sponsor

IFA Promotion today announced that Defaqto Ltd is to sponsor its ongoing marketing programme to boost consumer awareness of the benefits of independent financial advice and how to find it. Defaqto is an independent financial product research company that provides comprehensive and up-to-date product information to the financial services industry.

 

This latest sponsor news clearly shows that post depolarisation there is a consensus about the growing strength of the independent financial advice sector. Truly independent advice is already head and shoulders above the rest of the advice market and continues to define the best offering for consumer needs.

 

Neil Morgan, Sales and Marketing Director at Defaqto, commented, "As an independent body that provides IFAs with Best-Advice tools to help them recommend the best products to consumers, we’re extremely pleased to demonstrate our support for a strong IFA sector by sponsoring IFAP’s marketing programme. There’s no doubt that the independent brand continues to reflect the gold standard of financial advice for consumers and we feel this should be communicated as effectively as possible."

 

David Elms, Chief Executive of IFA Promotion, said, “IFA Promotion is delighted to welcome Defaqto on board as a sponsor. Support continues to mass behind truly independent financial advice, from a range of organisations involved in financial services, which in turn sends out an extremely positive message to the industry.

 

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For further information on IFA Promotion please contact:

David Elms                                               Chloe Mann / Holly Godden

Chief Executive                                        Lansons Communications

IFA Promotion                                          020 7294 3681 / 3674

020 7833 3131

 

For further information on Defaqto please contact:

Defaqto Limited                                            Citigate Dewe Rogerson
Chris Johnston or Matt Ward                       Alistair Kellie or Kevan Reilly
01844 295 454                                             020 7638 9571


    For expert comment or case studies from over 200 media-friendly IFAs, journalists should call IFA Promotion’s Media Services hotline on 020 7294 3682 or search online in ‘Media Services’ at www.unbiased.co.uk

For further information please contact:

David Elms                                                 Liz Willder/Chloe Mann

Chief Executive                                          Lansons Communications

IFA Promotion                                            020 7294 3677 / 020 7294 3681

020 7833 3131

 

    For expert comment or case studies from over 200 media-friendly IFAs, journalists should call IFA Promotion’s Media Services hotline on 020 7294 3682 or search online in ‘Media Services’ at www.unbiased.co.uk

 

1.  Independent Financial Adviser Promotion

IFA Promotion was established in 1989 to promote the value and accessibility of independent financial advice to the public.  It represents around 9,000 firms of independent financial advisers across the UK and is sponsored by 32 leading financial institutions. In the past 12 months, over 530,000 consumers and businesses used IFA Promotion to find local independent financial advice.

 

IFA Promotion believes Independent financial advice should be:

 

         Affordable.  The option to take independent financial advice should be available, by right, to all - not just the wealthiest in society.

 

         Convenient.  IFAs should be available in the location of the consumer’s choice, wherever they live in the UK.

 

         Transparent.  It must be clearly transparent to consumers who is able to offer independent financial advice and who is not.

 

2.      Independent Financial Adviser Promotion’s sponsors

Aberdeen Asset Management

Mortgage Express

Abbey

National Savings & Investments

AXA Life

NatWest Business Banking

Bright Grey

New Star Investment Funds 

BUPA Health Services

Norwich Union Life

Canada Life Ltd

Old Mutual Asset Managers (UK)

The Children’s Mutual

Prudential

Clerical Medical Investment

Scottish Equitable Plc

Defaqto

Scottish Life

Friends Provident

Scottish Life International

GE Life

Scottish Widows Plc

GMAC Residential Funding

Skandia UK Group

INVESCO Fund Managers Ltd

Standard Life Assurance Company

Legal & General

Unum Provident

London Mortgage Company

Webline Limited

Lincoln Financial Group

Zurich Intermediary Group

 

3. Defaqto Limited

Defaqto Limited is an independent financial data collection and research company set up in April 1994 to provide comprehensive and up-to-date product information to the financial services industry.

Defaqto’s core product is the Aequos database which has information on over 30,000 products from more than 1,000 providers covering life, pensions, investment, banking and general insurance. Aequos is used by over 200 financial services providers and over 3,500 intermediaries. Defaqto’s other products include Fund Tracker, PolicyGen, IFA Counsellor and RateTracker.

In 2001 Defaqto was appointed by the Financial Services Authority as its official data collection agent for the Comparative Tables Service.

More information on Defaqto can be found on: www.defaqto.com

The Comparative Tables Service (CTS) can be accessed at www.fsa.gov.uk/tables

 

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