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Thursday, 13 December 2007

Advisers and the electronic age


The story in IFAonline that advisers demand an end to paper commission statements is no great surprise.

The research, carried out by Standard Life, indicates that 64% of advisers surveyed would welcome an end to paper based communications. I think the surprise, if there is one here, is that the figure is not higher.

Given the multiple benefits that online processing can offer - reduced admin time and resource, faster payments and of course the environmental pluses it seems a no brainer. I'm confident the remaining 36% will wake up soon.

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