IFAs say FSA Review a 'threat' to industry

The Aegon IFA Insights study also shows that the majority of IFAs believe commission has a "vital role" to play in their business. The Review, launched in June last year, was designed to address the root causes of problems in the retail investment market. It is looking into measures to ensure IFA firms have sufficient capital backing, asking whether commission creates product or provider bias, and assessing the role of regulation in ensuring customers get a fair deal. Aegon asked 100 IFAs their opinion on the review, with 55% saying they they view it as an opportunity for advisers to enh...