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ZAN chief jubilant at CP121

Zurich Advice Network distribution chief executive Keith Baldwin has crowed at a salesforce conference about depolarisation and a crisis of confidence among IFAs.

In the company&#39s internal newsletter covering its January conference, Baldwin says: “The key point is the endless debate about independence versus tied is at long last redundant. The status of an adviser is irrelevant – at long last, a truly level playing field.”

He also states: “There is nothing less than a crisis of confidence in the independent sector.”

According to the document, “Keith was eager to point out how strongly Zurich Advice Network is now positioned after the FSA announcements.”

But Zan spokeswoman Debi Isaac claims the remarks were “paraphrased”.

She claims the words used in the speech were that an adviser&#39s status is “less relevant”, not “irrelevant”.

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