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 ...