The Federation of European Independent Financial Advisers has agreed a ‘partnership’ deal with Moneycorp, a UK-based foreign exchange services specialist.
The deal is aimed at enabling clients of FEIFA members to save on international payments, while also helping to generate an additional lifetime revenue stream for member firms, according to a FEIFA statement.
Overseeing the relationship on Moneycorp’s behalf will be business development manager Henry Bliss.
Moneycorp is offering FEIFA members preferential rates on its standard commission terms, regardless of business volumes, FEIFA said.
FEIFA is a non-profit trade organisation representing English-speaking advisory businesses active in Europe.