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Broker talkback

Do you think responsibility for risk ratings should lie with IFAs rather than with providers?

“No. They should share it. A provider is a seller. My job is to look beyond the gloss of that sale. It is, or rather should be, a shared responsibility.”

Trevor Jones Roy E Sansom & Co”No, but it is a bit of a grey area so I am not sure where the respon-sibility lies. I guess it has to be looked at on a case-by-case basis.”

Graham Ballott, GD Finance”No. I think that the people who make the products know a lot more about the products than we ever can and so responsibility should lie with them.”

Anthony Allen, Anthony J Allen”No. Guidance should be given by providers but the responsibility for the advice the client receives lies with the IFA.”

Robert Thomson, Independent Financial Strategies”No. I would prefer the onus to be on the product provider to provide accurate information but we do have to use our judgement on this so it is a debatable issue.”

Angus Makepeace, Hadrian Financial Services”No. IFAs can only go on the information that is published so it is very difficult for an IFA to drill down into how a provider is operating. To expect an IFA to double and treble check every operation is unrealistic.”

Mark Mason,Buckles Investment Services”No, but financial advisers need to look into the matter as much as they can. Having said that, you can have something underpinned by a very big bank but if the bank goes bust, an IFA cannot be held responsible.”

Michael Brill, Baronworth Investment Servicesno 89%

yes 11%


A&L flexing fees to boost advisers

Alliance & Leicester is keen to invigorate its relationship with mortgage intermediaries by introducing flexible features and systems in the coming months.

Out of context

“He’s a bit of a wide boy but also a very wide boy.” – Financial Express’s Paul Wynne comments on a friend in the investment technology industry.”It’s brilliant. I get to do exactly the same – go to all the parties, get all the stories – but now I can work in my dressing gown […]


Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]


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