Consumers want IFAs qualified beyond FSA minimum

According to Unbiased.co.uk’s State of the IFA Nation report on market changes over the last 12 months, 150,000 of 570,000 requests for an IFA through Unbiased were based on an adviser's qualifications. Currently, the Financial Planning Certificate (FPC) is the benchmark qualification for a financial adviser. Unbiased says it expects the number of IFAs with higher qualifications to increase in the coming years, with 56% of firms including advisers with qualifications above the required benchmark. The number of IFAs with higher long-term care qualifications climbed 55% in the last 12 mont...