IFAs are demanding help to access Exchange Traded Funds(ETFs)and more education about the vehicles as they expect their usage of the products to rise in the coming year.
A new poll from iShares and Ascentric found 94% of IFAs surveyed at roadshows in Bath, Warrington and London, expected to increase their ETF exposure although only 38% are currently using the vehicles. The main reasons cited for not using these funds at present were lack of knowledge, with 62% stating this as a factor. A further 13% said ETFs are currently difficult to access. All those polled called for more education about how ETFs work, the range of products available and which investors they are most suitable for. The survey follows the release of the FSA's RDR Consultation Pap...
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