Market analyst Datamonitor says in a new report out today that customers are getting an increasingly ...
Market analyst Datamonitor says in a new report out today that customers are getting an increasingly raw deal as IFA's try to balance giving advice against the pithy 1% management fee they are allowed to charge. Datamonitor says this is creating an advice "vacuum", which IFAs and providers need to address. Yet that same gap is creating an opportunity for IFAs willing to advertise the fact they provide face-to-face advice on the issue, as this should tap into the burgeoning demand. And in another irony, it is precisely those customers most likely to be in need of advice - the l...
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