Discussion among IFAs has been somewhat heated in the last week about the latest industry developments.
Following SOFA’s revelations last week of its plans for reform of the professional body, there has been a flurry of activity on IFAonline discussion boards, as well as criticism of the Treasury Select Committee's recent performance and new proposals for handling endowment complaints. Since Bob Bullivant suggested SOFA should consider ‘kicking’ intermediaries out who do not comply with its own professional standards, a real debate about the role of trade and professional bodies has erupted in the IFAonline chat room. Some intermediaries, for example, believe it will make the difference...
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