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He&#39s an IFA and he&#39s OK

It may seem unlikely but being an IFA has been voted the most popular profession in the US.

A recent article published in the Wall Street Journal cited financial planner as the most favoured profession followed by website manager, computer analyst and actuary.

Of the worst-rated jobs in the US, commercial fisherman came bottom of the table, closely followed by lumberjack and cowboy.

The article says: “Financial planners enjoy low stress, high pay, workplace autonomy and have the nation&#39s best-rated job.”

The results are a far cry from a similar survey carried out in the UK by High Fliers Research earlier this year in which financial management languished in mid-table obscurity.

Advisory & Brokerage Services managing director Gareth Marr says: “The problem in this country is that we have such a stinking reputation. Too much of the industry is associated with one of the US&#39s least popular jobs – the cowboy.”


Canada&#39s new life

Canada Life&#39s third-quarter results provide evidence that our approach to the IFA market is working. Previously perceived as mainly a direct-sales operation, over three-quarters of our new business premiums now comes from the ind ependent sector. Canada Life&#39s initial strategy for the IFA sector was to take things one step at a time. We recognised […]

Review reveals the direct route to misselling

The end is in sight for the darkest chapter in the history of UK&#39s financial services but the price tag has jumped from£11bn to £13.5bn. The increase for phase two pension review cases comes partly as a result of people living longer, changing stockmarket conditions and because more information is being unearthed. But the figures […]

Axa appoints marketing director

Axa Sun Life has appointed Frank Wilson formerly of Prudential retail as its marketing director. Wilson will work alongside Axa Sun Life&#39s strategic change director Rob Lee to extend the Sun Life brand through IFAs and direct marketing. He will manage a team of over 100 at the company, the fourth largest insurer in the […]

Anger as Canada Life axes managers

Canada Life has come under fire after its restructuring plans have left some branch managers jobless. The attack comes after Can ada Life announced plans to make a “handful” of branch managers redundant as it restructures its salesforce. The managers claim many of them are being offered only two months&#39 salary as compensation despite many […]

Flexible reversionary trusts and estate planning

The suitability of different estate planning solutions will depend on the individual’s own circumstances, needs and objectives. When considering the different solutions available there is a trade-off between inheritance tax (IHT) efficiency and access. Overall a flexible reversionary trust provides a greater level of flexibility than a discounted gift trust and can offer individuals a […]


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