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Ifap slams stakeholder multi-ties

IFA Promotion says the introduction of &#39multitied&#39 advice for stakeholder pensions will make it harder for people to identify truly independent advice.

In his reaction to stakeholder, the first financial product to be &#39depolarised&#39, Ifap chief executive David Elms says there will be greater potential for consumer confusion than ever as changing the transparent system of polarisation will lead to blurring of the borders.

Ifap has kicked-off a campaign to alert people to the proposed changes to financial advice at www.keepitindependent.co.uk.

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