IFAP sees increase in request for IFA details

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Consumer demand for the details of independent financial advisers has risen by 13% this summer compared with the previous year, says IFA Promotion.

A study by IFAP of consumer enquiries for IFA details – through its online and telephone-based search services – reveals the number of requests for IFAs who are able to give financial advice rose to 138,157 between July and September – higher than the 122,616 requests for information between July and September 2005. More specifically, Q3 2006 figures from IFAP’s Advice Drivers study indicate the dominant search for an IFA relates to those able to conduct retirement planning advice - over 40,000 enquiries, or 29% of the total – while 24% of enquiries relate to mortgages and 21% are requests...

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