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News from PIMS 99 – National IFAs set to dominate

National IFAs are set to dominate the financial services marketplace according to KPMG Corporate Finance partner John Riddell.


In his PIMS presentation Riddell predicted that networks will aim to set up their own national broking houses, while new national will be formed by aggressive, fast growing IFA firms and regional players seeking to grow their businesses by merger and acquisition.


But he expects companies looking to float will continue to have problems attracting capital as institutional investors are not interested in smaller companies, a situation that will not change in the forseeable future.

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