Don't become an IFA, advisers tell kids

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Almost three quarters of advisers will encourage their children to follow a different career path, research suggests.

A straw poll conducted by IFA promotion service Marketing Innovation Forum (MIF) found 73% would rather their offspring steer clear of a life in financial advice. "I'm amazed by this result," AIFA director Robert Sinclair says. "I fully understand how difficult it is in the current climate to be a financial adviser but it's an important role and a very stable career choice." MIF director Derek McGuire adds: "One of our members suggested this survey question and, to be honest, I didn't expect this result at all. "Our discussion forums are chock full of inspiring success stories from...

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