The Federation of European IFAs (FEIFA), a global IFA trade body, has signed an agreement with Luxembourg-based life assurance company OneLife to offer insurance-based wealth planning solutions to its members.
Commenting on the partnership, OneLife UK sales director Paul Pugh said: “We look forward to assisting FEIFA members to undertake high-end retail and resident non-domiciled business in the UK and abroad, and to extending the longevity of the solutions, the income stream and the adviser/client relationship, using our cross-border expertise.”
FEIFA CEO Paul Stanfield said: “OneLife develops fully portable cross-border financial planning solutions for ultra-high net worth, high net worth and affluent clients across Europe and beyond, using their internal team of international lawyers based at its head office.
“It is an excellent fit for our membership and very much complements our existing affiliations.”
Pugh along with OneLife’s Stacy Lake, a solicitor and Society of Trust and Estates Practitioner (Step) member, will manage the relationship with FEIFA members.
FEIFA is a non-profit trade association and has partnerships with a number of companies, such as international life companies, asset managers, and global pension and trust companies.