Nine out of 10 IFAs support fees says Winterthur Life

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Nine out of 10 IFAs believe fee-based remuneration is either essential or important in order for their business to succeed in the future, says Winterthur Life.

Questioning 500 advisers in May and June this year, Winterthur Life says 52% of them believe offering fee-based advise is “essential” if they wish to succeed with their business. Some 40% also say they deem it as “important”, taking the numbers of IFAs suporting fees up to 92%. These findings were up 19% compared with previous surveys conducted by the product provider. Looking towards the future, 96% of IFAs seem positive, deeming their business prospects would either "improve" or remain "unchanged" post-depolarisation. A majority (86%) say they expect to continue working as IFA...

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