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100,000 calls to IFAP hotline in first quarter

More than 100,000 consumers asked for IFA details through IFA Promotion&#39s website and hotline in the first quarter of the year.

The figure dwarfs last year&#39s six-monthly figure for January to June of 133,000 and puts IFAP well on course to meet its target of 300,000 referrals over the year.

Last year, IFAP pointed 250,000 customers tow-ards local IFAs, boosting referrals through online partnerships for its website has partnerships with a number of high-traffic financial websites and internet portals, including Freeserve, This is Money, Money Telegragh and Tiscali.

Nearly 70 per cent of all referrals now come through the website and its partners.

Chief executive David Elms says: “Ultimately, one of our key measures is how many bums on seats we deliver for our member IFAs. Through our innovative approach to developing IFA Promotion&#39s find an adviser facility, both online and offline, we have been able to deliver exponential increases in the number of consumers and businesses using our services.

“The results stand us in good stead to reach our target of putting 300,000 consumers and businesses in touch with local independent financial advice.”


Deliver on the promises

To be sure, if that&#39s where you want to be going, you don&#39t want to be starting from here.Or put in the context of the UK financial services industry, if firms want their customers to believe what they say and have confidence in what they do, there needs to be a lot more time and […]

Misys points to dangers of defined payment

Misys supports the abolition of polarisation but is warning the FSA that the defined-payment system is unworkable and impossible to police.It claims that CP121 will restrict access to financial products rather than accomplishing its stated objective of opening the market up to consumers.Retention of polarisation is not an option considered by CP121 and Misys says […]

FI&S doubles funds in £240m R&SA deal

Friends Ivory & Sime has snapped up the fund management business of Royal & Sun Alliance for £240m, creating a major UK investment house with £70bn under management.The takeover, which will spark a wave of fund consolidation and redundancies among the 700 staff of both companies, will more than double FI&S&#39s £34m of assets under […]

CII&#39s Scott to chair global insurance group

CII director general Dr Sandy Scott has been elected as chairman of the Institute for Global Insurance Education, a not for profit group concerned with training of insurance professionals worldwide.The IGIE aims to promote the development of competencies for insurance professionals worldwide, establishing international standards for education in financial services and recognising individuals who have […]


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