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Talkback

Should the Government provide funds to ensure the public have access to independent financial advice, as the LibDems are suggesting?

“No. If they have that sort of money to spend, then spend it on hospitals.”

John Hughes, Risca Insurance Consultants

“Yes. They should for anyone taking a stake-holder pension but apart from that, no.”

Martin Evans, Rimmer & May

“No, because I think IFAs should be able to fund themselves through fees and commission.”

Colin Marks, Marks Independent Financial Advice

“Yes, because I think we are going to price people out at the lower end of the market who are not going to be able to afford to pay fees for independent advice.”

Paul Hayes, Moneysave

“No, I can&#39t understand how this could work.”

Brian Moore, Moore Financial Services

“No. I think it is better for most people to deal with advice under the present arrangements. I cannot see the Government funding it.”

Mark Gower-Smith, Norman Cox & Ashby

“No, I think it should be a free market to charge otherwise the Government will start imposing ridiculous rates.”

Mushtaq Parkar, Mushtaq B Parkar & Co

“No. Whatever the Gov-ernment could afford to pay would be inadequate.”

Terrance Farrow, Planet Investments & Financial Planning

“In theory, yes, because the amount IFAs are paid is being cut down through stakeholder and other pressures. In practice, it is difficult to see it working.”

Gary Martin, Gary Martin Financial Services

Yes 37%

No 63%

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