Advisers back Tories to lead industry forward

A poll of 500 intermediaries by software provider 1st-The Exchange found more than two thirds (68%) believe David Cameron's Tories are best-placed to lead the financial advice industry forward post RDR. Just 17% backed Labour. The transition from commission to fees was cited as the area that would require the most work by 45% of respondents, followed by the move to a higher minimum qualification level (35%). Other challenges mentioned include updating their technology systems. David Child, managing director of 1st-The Exchange, says: "Despite the fact some firms are nervous about movi...