Schroders joins IFA trade body

Schroders joins IFA trade body

Schroders is the latest company to join the pan-European trade association, the European Federation of Financial Advisers and Financial Intermediaries (Fecif).

Established in June 1999, the body aims to support financial advisers in Europe, and now has five associate members in total, including an insurer, a rating service, and an accounting network.

Courtney Waterman, head of EMEA marketing at Schroders said being part of Fecif will help the company understand the issues European financial advisers and intermediaries face, while also expanding the fund group’s opportunities in the European market.

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“We look forward to working with Fecif to help support the continual development of advisers and intermediaries within Europe.”

Paul Stanfield, secretary general of Fecif, said: “We are extremely pleased that a company of the pedigree of Schroders has seen the merits of Fecif membership.”

The body has been extending the benefits for its adviser members over the past 12 months, and is plans to launch a regulatory database and library next week.

The non-profit-making organisation provides regular updates to members, such as providing knowledge and information of European regulatory matters.