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IFAs name stakeholder pensions as the crucial issue facing industry

Independent financial advisers unanimously place stakeholder pensions

above polar- isation and regulation as the key issue facing the industry.

Research carried out by Zifa polled 250 randomly selected national IFAs,

network IFAs and sole traders and reveals stakeholder is uppermost in all

IFAs&#39 minds.

But when asked to rank two further issues in order of importance, the

answers were coloured by the size of the company.

Comparisons between the different sizes of IFA show it is only the

nationals which regard fees versus commission as a pressing issue.

But both national IFAs and network IFAs says they are concerned about the

polarisation debate.

All categories of IFA believed the internet, e-commerce and technology

would impact on the marketplace, with sole traders placing it in second

place and nationals and networks in third.

Compliance was ranked in third place by multiples, whereas regulation took

third place for sole traders.

The pension and endowment reviews, falling commission levels and

Government interference were also identified as influential factors facing

the IFA market.

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