The UK-based Federation of European Independent Financial Advisers (FEIFA) has announced a new affiliation with foreign exchange specialist Moneycorp.
“Moneycorp is, of course, a currency specialist that helps its clients save money when sending or receiving an international payment”, FEIFA CEO Paul Stanfield stated. “It is a company that is very used to working with other professionals, particularly IFAs across the UK and Europe, and thus this enhanced relationship will be very relevant for our membership. Among other things, it will provide us with a tailored monthly currency update for our members’ e-magazine”.
Over 35 years, Moneycorp has built, in its own words, “a reputation of putting the client at the heart of what they do”. It’s well known that the banks don’t always offer the best exchange rates or service, so together with rates of up to 4% better than most high-street banks, Moneycorp’s currency dealers can also provide the support and guidance a client may need to understand currency fluctuations and how they may impact their transfers.
Zoe Dawson-Williams, managing director – private international payments at Moneycorp, said: “Moneycorp is excited to continue its relationship with FEIFA, to further support an expanding European client base and build on the success of IFA partnerships here in the UK and overseas.”
The relationship with FEIFA will be managed by Meyrick Green and Christelle Colairo at Moneycorp.
FEIFA has more than 50 member firms, which are English-speaking advisory businesses, active across Europe and advising on cumulative assets in excess of €5bn. The federation is a non-profit trade association and has partnerships with a wide range of companies, including all of the relevant international life companies, major asset managers, and the key international pension and trust companies.