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“Yes, I think the regulators have realised that regulations are beginning to strangle and consumers having access to IFAs is a good thing, professional indemnity insurance has been a runaway train and realism is beginning to settle in.”

Harry Humphrey,Harry Humphrey Financial Services

“It depends on what happens what with the PI issue. Five years ago, you could earn a respectable amount of money in any aspect of the business, whereas now it seems to be more focused on mortgages and protection.”

John Evans,Hather Financial Services

“No, I think Winston Churchill would have said this is not the beginning of the end, it is the end of the beginning.”

P Marsden,Fortune Financial Services

“No, I think we have got a lot worse to come, I think markets are very very dodgy and it would only take something very minor to tip the market into reverse again.”

Kathleen Richardson, Kathleen Richardson.

“Yes, because the FSA, thanks to lobbying of Aifa and others, is beginning to realise that IFAs are an extremely important group of professionals who are essential to have in a marketplace and were possibly indirectly being driven out by the 1 per cent products and rising heavy regu-latory costs.”

Michael Haigh,ACI Victory

Yes 38%

Yes 50%

Don&#39t know 12%

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