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“No, they should be better at doing what they do anyway.”

Michael Jones,Michael Jones Independent Financial Services

“No I really don&#39t think they should charge any more.I pay for the service already through my network.”

George Love Financial Services,George Love

“Absolutely not. IFAs are under pressure from all areas with regard to fees and charges and we need to have support from bodies such as IFA Promotion rather than additional charges squeezing us even more.”

Tim Mears,Duchy IFA

“I would not have a problem with that. I think that anything that promotes what we do to the public will stand us all in much better stead.”

Alan Buswell,Glenburn Financial Services

“No. If we had a body that was proven to be value for money then maybe but I am not convinced we do.”

John Bausor,Bausor Hall Financial Services

“In terms of promotion and as the voice of the industry, I think that IFAP has done a very good job and so I would be happy to pay an increased fee for more advertising.”

Drew Folland,Drew Folland Financial Management

“They certainly do a good job, that is undeniable, but I don&#39t see the benefit of it in terms of promotion.”

Richard Price, Priceguard Independent Financial Advisers

“No, I don&#39t. I think we pay out enough money as it is.”

Tim Barber, Tim Barber Financial Services.

Yes: 12%

No: 88%


New roles at Bright Grey

Bright Grey has announced the appointment of Paddy Lynch as operations director, responsible for overseeing the combined areas of customer care, underwriting and IT. Lynch was previously head of sales and service for Intelligent Finance and has experience in IT, life assurance and the banking sectors. In addition to this appointment, Bright Grey deputy chief […]

Man link hedges Closer

CLOSE FUND MANAGEMENT Close Man Hedge Fund Type: Capital-protected fund of hedge funds Aim: Growth linked to the performance of a portfolio of hedge funds Minimum-maximum investment: Lump sum £10,000 Investment split: 100% in hedge funds Term: Eight years and six months Return: 13%-15% growth a year Guarantee: Original capital returned in full regardless of […]

Euro PI shock could be the end

I am one of three IFAs at Paragon Financial Consultants. We have all been in the industry for 25 years, 13 years as independents. We are directly regulated by the FSA. We have seen our market shrink year on year. Our PI cover has, I admit, been low in comparison to other IFAs we know […]

Swansong for one-man bands

Broking is a cottage industry, if ever there was one. MCCB registration data tells us that around 10,000 broker firms have a total of 30,000 advisers. As many as 8,000 firms are sole traders. The future for a high number of small firms looks seriously bleak unless their operating models change. To help us second-guess […]

Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]


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