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10 per cent rise in IFAs since depolarisation, says IFAP

There has been a 10 per cent rise in IFA firms since depolarisation, according to research from IFA Promotion.
The research, from IFAP’s State of the IFA Nation, confirms provider predictions that depolarisation would see a sharp contraction in the IFA sector were well wide of the mark.
IFAP says the research shows the IFA community is more robust than ever.
The research also shows nearly two thirds of IFAs, 63 per cent, have their own website while 96 per cent are now contactable through email.
IFAP chief executive David Elms says: “Over the last few years, the advice industry has rapidly changed. Regulatory changes coupled with a more informed customer, have led to IFA firms re-evaluating their business models. The client is king and IFAs are responding to consumer demand- but there is still more that they can do.”

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Reforming India: just the beginning

By Kunal Desai, Neptune India Fund

As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.

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