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Smee says IFAs must encourage youth

At this week&#39s Institute of Financial Planning conference at Warwick University the message on how important education and technology are to IFAs was drummed home to members.

In a question time session Aifa director general Paul Smee criticised IFAs for their reluctance to recruit and train graduates and encourage young, educated people to join the profession.

In a session called “How to put the &#39Para&#39 in Paradise&#39 London-based Bloomsbury IFA director Jason Butler explained how their investment in IT and employing graduate paraplanners has increased their profitability.

And technology consultant Richard Arundel told IFP members to make the best use of business-to-business portals like The Exchange and Assureweb/M-link – which cannot be accessed by consumers – to get the best products and quotes for clients.

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Talkback

Do you believe the events in the US last week will lead to a global recession?“No, because I do not think the world&#39s economies will allow it to.”Keith Jarman, Hughes Carne IFA“No. There might be a sudden downturn in share values when markets reopen but I anticipate the market recovering slowly afterwards.”Terence Donaghue, Donaghue & […]

China tech and Global Alpha: a new great leap forward

By Robin Geffen, Fund Manager and CEO

Internet giant Alibaba is exactly the type of entrepreneurial company that the high-conviction, top-performing Neptune Global Alpha Fund seeks to invest in. Established just 14 years ago in an apartment in Hangzhou, today Alibaba is larger than Amazon and eBay put together and is challenging some of the most powerful internet companies in the world…

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The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.

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