IFAs have sustained a 57 per cent share of the investment market in the 2nd quarter of this year, the same share as in the first quarter.
This is up from 53 per cent in the same quarter last year. The overall size of the market was £14bn up over £2bn on the same period last year.
IFA Promotion chief executive Ann-Marie Martyn says: "The majority of growth in the second quarter 1998 was in Pep sales which predominantly takes place in April."
The rise in market share began at the start of the third quarter last year and has been sustained ever since.