Advisers fight to end bank influence on IFA training

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Advisers are calling on trade bodies to ensure they overpower the banks and take the reins in training and bringing new blood into the industry.

The comments come following suggestions last week by Intrinsic Financial Services managing director Richard Freeman banks should have the responsibility of enticing fresh talent into the financial advice sector. IFAs have reacted angrily to the idea, with a recent survey run by sister title Professional Adviser suggesting most feel trade associations should have that responsibility. Chartered financial planner Filip Slipaczek is one adviser who believes trade bodies should be doing more to target graduates leaving the top universities. "The financial services industry has a stinking r...

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