Costs, not profitability main concern of IFA businesses - survey

The result comes as practitioners look to ensure their futures in the face of new regulatory and market demands. Despite the changes, most of the 69 panelists who answered, out of the 286 approached, feel confident they will be able to grow their businesses in the next year or two. Nearly a third of respondents say the value of their businesses has gone up in the past year, compared with fewer than one-in-seven who felt he same this time last year. Respondents are almost evenly split over whether fees will take over from commission, and are generally cautious about the hedge fund a...