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Would you consider multi-tying if the FSA&#39s plans to scrap polarisation are implemented?

“Yes. I don&#39t have an option as I could not go fee charging. People are not willing to pay fees. It is either that or switch the light off on the way out.” Alan Bradshaw, Ashbourne Associates

“Maybe. It is a matter of trying to survive but I would be very loath to do it as it would be to the detriment of my clients.” Geoffrey Houghton, BAP Insurance Consultants

“Yes. I would consider it as I think it is a viable option and I would never shut a door without looking into it.” Margaret Hopkins, Chase Financial Advisers

“Yes. You would have to consider it as you would have no choice. It is more a matter of having to than wanting to.” Roger Brace, Denman Brace Financial Management

“Possibly. We would prefer to remain independent but we do not want to charge fees. We may have to consider multi-tying.”Robert Jordison, The Independent Financial Advice Centre

“Yes. We would multi-tie to avoid the business going bankrupt, along with 95 per cent of IFAs who cannot afford to switch to fees.” Ian Potter, Jackson Potter Independent Financial Advisers

“Yes. A lot of my business is with a certain number of companies so it would not be a problem for me to multi-tie.” Kenneth Jones, Kenneth R Jones IFA

“No. I am very reluctant to do so. I want to remain independent.” Ian Kirk, Ian R Kirk Financial Management

yes 63%

no 25%


sure 12%


Tied ebbs and flows as firms ponder choices

IFAs and product providers are split on how to adapt their businesses to take into account the FSA&#39s polarisation proposals but independent advice looks set to continue.Among the providers, Zurich says it is not interested in multi-tying, saying it is happy with its current distribution methods. Standard Life says it has no plans to enter […]

Autif research refutes FSA&#39s anti-performance position

Autif dealt another heavy blow to the FSA&#39s anti-past performance stance this week with new research revealing that performance figures can play a crucial role in fund selection.The research, carried out by financial consultancy Charles River Associates, analysed the findings of 29 past performance studies carried out over the last three decades.It concluded that while […]

DTI commits £5m to addressing the work-life dilemma

The Department of Trade and Industry is spending £5m to address what it calls the work-life balance problem.The cash will help companies to implement policies that deal with long hours, rigid shift patterns and absenteeism, which the DTI says hit productivity.The Work-Life Balance Challenge Fund provides free consultancy support worth up to £55,000, allowing organisations […]

It all ends in tiers

Tick a box – single-company financial adviser, multi-company financial adviser, independent financial adviser or independent financial consultant adviser.According to the proposed status disclosure document attached to CP121, in which the FSA proposes the scrapping of polarisation, this will be an adviser&#39s first act on meeting a new client.Black and white will be replaced by many […]

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The politics of healthcare

Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.


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