AIFA, Selestia respond to depolarisation

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Initial reaction to depolarisation rules published this week have been cautious.

Fay Goddard, director of policy at the Association of IFAs notes that 15 years of polarisation has delivered independent advice, and that “we can only hope that high quality and professional advice will be able to thrive in the depolarised future as much as it has in the polarised past”. Speaking about the menu rules outlined, she says the transparency demanded “can only advantage the many firms of IFAs and those who offer quality and professionalism to their clients.” Goddard sees “fundamental” change, although this is unlikely to be “immediate”. ”Firms must now make best use of t...

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