14 Feb, 2008
Will Henley - 14-Feb-2008
Bankhall is signing up to the Adviserwise
agency registration service launched last month by e-standards body
Set up to help advisers form trading relationships with multiple
product providers, the service is currently backed by four service
providers and 12 product providers.
Origo says so far 467 submissions have been issued with
participating product providers from 72 agency registration
Bankhall managing director of IFA services David Golder says: "We
strive to offer the optimum service to our members so it makes
sense to get involved in an industry service that makes it not only
quicker and easier to process Agency applications but is free for
us and our member firms to use.
"Collaboration with Origo is important for ensuring generic
business processes like applying for agency registration with
product providers can be standardised and made as efficient as
possible for everyone."
Legal & General head of wealth e-commerce proposition
development Jane Carter, one of the existing members of
Adviserwise, is calling for more product providers to join up to
She says: "Bankhall joining the list of service providers is
another encouraging example of how we can work together as an
industry to make doing business simpler and easier for
intermediaries. We look forward to welcoming further service and
product providers so that we can continue in this aim."