View more on these topics

91% of members are satisfied with IFAP&#39s service

Ninety-one per cent of IFA Promotion members are satisfied with its efforts

to promote independent financial advice, according to research by agency

Consensus.

Its survey of more than 2,000 IFAP members also reveals that 68 per cent

believe they are getting excellent value for money.

The survey, conducted in November, also found that 86 per cent of consumer

leads generated through IFAP&#39s hotlines and websites in the last year

resulted in business for IFAs.

Seventy-one per cent of members got IFAP referrals, with 27 per cent

getting between three and five referrals and 12 per cent getting at least

six referrals.

Sixty-eight per cent say IFAP is the body of most value to IFAs while 62

per cent see IFAP&#39s blue £ sign as a key benefit.

Eighty-five per cent say the motif symbolises independent financial advice,

with 68 per cent of members placing it on their letterheads and 61 per cent

using it on business cards.

IFAP&#39s additional non-core services also got the thumbs-up, with 59 per

cent of members supporting IFAP&#39s media services initiative.

Chief executive David Elms says: “It is extremely encouraging for the

second year running to see how valued our efforts over the past 12 months

have been among our members.”

Recommended

Wentworth Rose opens new office

Wentworth Rose is to open a new office in Chester to offer advice to the clients of HS Adminstration Services, a fellow Aegon company. HS administers final salary and money purchase scheme for blue-chip companies, and clients will now have access to the expertise of Wentworth Rose.

Barking up the wrong tree

The new year has begun very much like the old one finished, with a raft ofconsultation, discussion and feedback papers from the FSA. Among the sixpublications put out by Canary Wharf between Christmas and the first weekof January is the FSA&#39s discussion paper on its proposals for theregulation of the sales process for Sandler&#39s suite […]

IFAs beat direct sales on cheaper distribution

IFAs are a cheaper distribution channel than their direct-selling rivalswhen it comes to nearly two-thirds of unit-linked and with-profitsproducts, according to the latest FSA disclosure survey.The survey, from December 2001, looks at 24 products comparing the totalremuneration advisers received over five years. It shows that in 15 out of24 products, IFAs accepted a total remuneration […]

Warnings of backlash on multi-manager fees

Fund-of-funds providers could face resistance from investors if theycontinue to hit them with costly and obscure charges in falling stockmarketconditions, IFAs claim.Research conducted for Money Marketing reveals that third-party fundmanager fees and attributable expenses continue to raise total expenseratios for many multi-managers to between 2.5 and 3 per cent a year.The worst offender is Artemis, […]

Investment Forum

Position Portfolios for a Changing China, Accelerating Disruption and More Political Discourse Is China an asset class? Why Investors’ Understanding of China is Changing How is disruption changing the way we invest? Established Ways of Doing Business Are Being Challenged What to Watch: Why politics matters more than ever in 2017 Key takeaways: Despite volatile […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com