Only 30% of providers considering Sandler products - survey

clock

Seven out of ten product providers say they are unlikely to produce a Sandler suite of ‘lighter touch regulation' products because the margins are simply too tight, suggests research.

A survey conducted on behalf of technology specialists IBM, Chordiant, Business Agility and Morse reveals 67% believe both depolarization and the Sandler suite will have a minimal impact on their businesses as 72% believe the small margins after costs will make such products of little interest to firms. Indeed, IDL Research suggests lack of trust is now the critical issue based on the response from 89% of contributors but eight out of ten providers (83%) are concerned depolarization will have an impact of distribution. In particular, providers say they intend to retain their commitmen...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

London's millionaire exodus: Advisers will 'undeniably' see wealthy clients move abroad

London's millionaire exodus: Advisers will 'undeniably' see wealthy clients move abroad

Labour's budget ‘main reason' for latest UK exits

Isabel Baxter
clock 17 April 2025 • 6 min read
UK inflation drops to 2.6% in March amid warnings of further price rises

UK inflation drops to 2.6% in March amid warnings of further price rises

Down two percentage points

Sorin Dojan
clock 16 April 2025 • 2 min read
Rewriting the rules of engagement: Innovating for the future of wealth and financial advice

Rewriting the rules of engagement: Innovating for the future of wealth and financial advice

‘Hyper-personalisation and fintech disruptors are reshaping financial advice’

Sneha Shah
clock 15 April 2025 • 3 min read