FIIG targets adviser channel
Fixed income broker FIIG Securities has moved to offer a dedicated financial adviser channel.
The company announced last week that it had expanded its business to exclusively service financial advisers, offering dedicated products, services, research, and consultation to help them review the role of fixed income in their practices.
Announcing the move, FIIG head of intermediary sales, Grant McCorquodale, said FIIG Adviser Services would take a new approach that would encourage advisers to reconsider how they used bonds and term deposits in client portfolios.
"We see overseas investors having larger allocations to fixed income, up to 25 per cent for pre-retirees, and the advisers we talk to understand the importance of these levels of allocations," he said.
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