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IFAs critical of direct marketing by providers

IFAs have hit out at the direct marketing material that providers send to their customers, a survey showed.
Research from National Savings & Investments found that almost half of all IFAs surveyed thought that providers did not understand client needs.
Around 47 per cent thought that cross-selling to clients was inappropriate and that a 43 per cent thought the direct marketing was a waste of money.
Only one in 20 advisers thought that the direct marketing from providers was any good.


Labour conference – Tories blast means testing at fringe event

Shadow Financial Secretary George Osborne is blaming the Government&#39s means tested benefits policy for a steady decline in saving. Speaking at a fringe event at the Labour party conference in Brighton he said the crucial answer to addressing the savings gap is tackling the spread of means tested benefits. Osborne blamed the Government policy as […]

Sandler warns industry is heading for more scandal

Ron Sandler says the FSA&#39s refusal to provide a clear definition of misselling will lead to more scandals which will damage the industry. At a financial sector joint industry group fringe meeting at the Labour Party conference this week, Personal Finance Education Group chairman Sandler hit out the regulator&#39s inability to provide an easily understandable […]

Many a Sipp

It could have been one of the more interesting case studies to appear in a national newspaper after Hargreaves Lansdown called a client in Norwich who had bought a Sipp. The firm was looking for a family to appear in an article for the Daily Tele-graph but they had chosen the wrong couple. “I did […]

Commonhold comes into force

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Burnett: what needs to happen for value to start performing again?

Value stocks have significantly underperformed growth stocks in Europe in the past decade. However, Rob Burnett, manager of the Neptune European Opportunities Fund, believes we are now approaching an inflection point. Watch the video below to find out more. In the video, Rob discusses: How low inflation and loose monetary policy since the global financial […]


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