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IFAs support training

Over 90 per cent of IFAs support the idea of compulsory training in areas such as post-retirement planning, according to Winterthur Life research.

Winterthur says the findings of the survey, conducted in October among 214 IFAs, are set to fuel the debate on the level of training that IFAs should undertake.

According to Winterthur, the survey also found that pension minister Ian McCartney is out of sync with IFAs.

When asked whether they agree with McCartney&#39s recent comments that changes to annuity regulations would only benefit the rich, just 50 per cent of IFAs answered positively.

Winterthur says it intends to send the findings to the pension minister in an effort to persuade him to change the law.

Sales and marketing director Mike Kellard says: “We are a leading player in income drawdown, one of the more complicated products available. We see training as a vital component in the selling of this type of product and, indeed, all post-retirement options, so we are pleased that IFAs appear to endorse our thoughts.”


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