Editorial: IFAs have smiles on their faces again

It would not be unfair to say the last few years have been the biggest threatened change to the financial services industry in its long history. For quite a while, this change was far from welcome as each new nugget of reform imposed either more red tape and paperwork for intermediaries or the prospect of lower revenue. It's recognised that if you read the trade and national press, the message you will get is everything is bad because the reality is it tends to be bad news rather than good news which sells newspapers. But after almost four years of long faces and negative sentiment ab...