Most IFAs are ready and willing to take on the distribution challenges of depolarisation and meet requirements to maintain an independent status, suggests research from software and services developer Focus Solutions.
Some 82% of 840 IFAs surveyed through a general questionnaire and specific follow-up interviews say they would maintain an independent status subsequent to depolarisation becoming reality. This level of commitment to independence to an extent contradicts previous vox pop views the new rules “would point towards a large share of the UK’s business being conducted on a multi-tie basis.” ”According to the research only 17% of IFAs will adopt a combined independent and multi-tie structure,” Focus Solutions says. Where a question mark does hang, however, is over the need for an industry ...
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