UK IFAs can learn from US counterparts-JPMAM

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British IFAs can learn lessons from their US counterparts, according to JPMorgan Asset Management.

JPMAM says its new IFA research illustrated similar pressures between UK advisers and those across the Atlantic. The survey of over 200 UK IFAs found parallels to a 2005 report of the American advisory sector, which revealed issues IFAs expect to be confronted with in the coming years. Despite the larger size of the US market, JPMAM says the subjects faced are alike. These include: The need for sophisticated advice due to limited state retirement support The common acceptance of equity investment and complex savings products The highly-regulated independent advice sector concept J...

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