IFAs expect tighter regulatory squeeze in '08

Of the 104 advisers surveyed at the inaugural Sesame Symposium, 86% said they expect their businesses to be hit with added regulatory burdens. Advisers are also worried about the stockmarket in 2008, with 53% either 'concerned' or 'very concerned' about performance, while 64% fear the knock on effect of a dwindling housing market. It is not all doom and gloom however, with 56% of advisers predicting increased demand for advice in the next 12 months. In light of this, 75% are actively reviewing their service proposition and 20% are looking to recruit. The survey also suggests advisers ...