vertical integration

The future of vertical integration

In the post-pension freedoms world where demand for advice has increased, so has the demand for distribution from product providers.

While much has been written about moves by household names like Standard Life Aberdeen and Prudential to establish in-house financial planning businesses, less attention has been paid to lower-profile and smaller players within the market making strides towards vertical integration.

One of the most recent firms to add a layer to the vertically integrated market place is Foster Denovo. Money Marketing reported earlier this month that the national advice firm has begun development on an investment platform for its advisers.

The platform will provide access to Foster Denovo’s portfolio range and the firm already has an internal investment management company, Sequel Investments.

With so many firms making strides towards vertical integration, it is clear a new era for the investment distribution landscape has well and truly started.

Read the full article on Money Marketing here.