Britannia ups its advice

UK building societies and retail distributors are increasingly selling structured investments direct to the public. But Britannia International insists on advising its customers before they buy its products. The Isle of Man-based building society also has plans to offer more bespoke products for individual investors


Britannia International is the offshore subsidiary of Britannia Building Society. The Isle of Man-based building society offers a range of investment accounts to more than 14,000 depositors around the world. "Although as an offshore subsidiary, Britannia International is not strictly classed as a mutual, we have a clear set of 'values and givens' that are the same across the whole Britannia group," says Wayne Riches (pictured), Britannia International's client relationship manager and head of a

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