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Tories hold on to IFA lead

Most IFAs voted Conservative in the general election but younger IFAs are turning to Labour, according to an exclusive poll of IFA voting habits conducted by Money Marketing and Skandia.

Thirty-five per cent voted Tory, 17 per cent Labour and 9 per cent

LibDem.

The South-east has the strongest Tory support at 39 per cent compared to

20 per cent for Labour and 10 per cent Lib Dems. In Scotland, Labour leads

with 29 per cent to 24 per cent for the Tories and 10 per cent for the SNP.

Three distinct trends emerge. Older IFAs are more likely to back the

Conservatives while Labour leads among IFAs aged 34 and under. Women IFAs

show consistently less support than men for the Tories. Across all

questions asked, the Tories have highest support among network members

whereas Conservative support was weakest among IFAs in large regional

businesses.

Many more IFAs believe the Conservatives are good for their business than

intend to vote for them. Half of IFAs questioned said the Tories would be

best for IFAs and only 15 per cent Labour. The LibDems had support of 5 per

cent and 28 per cent said they did not know. Only 26 per cent of women

reckoned the Conservatives would be the best party for IFAs.

The poll was conducted by H2B with a representative sample of 325 IFAs

nationwide between May 31 and June 4. The poll was sponsored by Skandia.

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