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Providers will snap up IFAs predicts LIA

Providers will be on the warpath trying to snap up IFA distribution as a result of today&#39s FSA&#39s announcement about the future of polarisation predicts the LIA.

LIA director of public affairs John Ellis says there will be lots of money on the table as providers attempt to convince IFAs to become multi-tied.

Ellis says: “I expect there will be some real attempts to tie IFAs into relationships. There will be some very silly money involved.”

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Britannic Money warns brokers will lose out

Britannic Money is warning mortgage borrowers may buy direct from lenders as many will not be willing or able to pay fees to independent brokers if the FSA&#39s proposals are applied to mortgage advice: Britannic Money chief executive Tony Ward says: “We welcome the FSA objectives of bringing greater clarity to consumers in respect of […]

FSA is charging in where it should not tread

Let&#39s get this into perspective. The IFA domination of the market for long-term savings and pensions has not been caused by polarisation. It has developed because of the qualities and services offered by independent advisers.Equally, changes to polarisation do not erode those qualities. The FSA research is worth a look – not least because it […]

FSA U-turn axes polarisation

The FSA has admitted to a policy U-turn which will see polarisation ditched in favour of a new system of tiered advice including multi-ties, gap filling and limits on how IFAs are remunerated.FSA head of conduct of business David Severn, who is heading the review, has admitted that the regulator changed its mind since its […]

UK focus for Invesco Perpetual roadshows

Invesco Perpetual is beginning the Isa season with a series of roadshows starting in Belfast on January 11.The focus will be UK investment, in line with the fund firm&#39s main theme this season. Speakers include UK growth fund manager Stephen Whittaker, high-income and income fund manager Neil Woodford, income and growth investment trust manager Mark […]

Healthcare regulation amalgamation predicted for Gulf states

While Dubai is leading the way in terms of legislating for expat healthcare in the Gulf, Qatar, Abu Dhabi and others are watching and learning – that’s according to Jelf International’s director of international services, Doug Rice. He believes the pace of change in the Gulf states will continue and that some level of unified healthcare system will be introduced across the region.

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