Credit crunch sees IFA popularity soar

Analysis of statistics from Unbiased.co.uk’s Advice Drivers report suggests more than 33,000 consumers requested financial advice between July and September, a jump of 17% from the same period in 2006. Requests for advice on offshore investment also rocketed to nearly 4,000 in the third quarter of 2007, up by 25% on Q3 2006, it found. Unbiased.co.uk also says it received over half a million requests for details of a local adviser in the last 12 months. It says most of these requests were for advice on retirement planning and mortgages, but adds, aside from increased demand for advice on ...