UK - Australian manager-of-manager firm MLC is moving into the UK with a targeted push through IFAs.
The MoM provider – wholly owned by National Australia Bank – will offer the MLC Personal Pension Plan MoM through its sister sales and consultancy firm, Pivotal.
The personal pension plan offers IFA clients the option to make regular contributions or single payments, including transfers from other pension schemes.
Pivotal managing director John Cowan said: “The addition of a personal pension plan will enhance Pivotal’s offering to IFAs by helping them provide a more holistic investment solution to their clients.
“The plan has been developed in consultation with IFAs and embraces a number of key principles they are looking for.”
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