IFAs relying more on corporate clients

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A survey highlights the growing importance of corporate clients to the IFA industry.

The findings from Cardif Pinnacle reveal that a large majority (70%) of respondents provide investment advice to limited companies, with 67% including corporate clients in their business growth plans.  One in three say corporate clients generate between 20-40% of their business income. The survey also sheds new light on the level of cash advice IFAs provide to corporate clients.  Of those providing cash advice, 82% recommend a range of deposit accounts, 38% life assurance bonds and 56% money market funds. However, when asked why they don't provide cash advice to corporate clients, 36...

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