AIFA dubs FSA's qualified adviser numbers 'suspect'

During a Treasury Select Committee (TSC) session earlier this month, FSA chief executive Hector Sants claimed the FSA's market research showed, in April 2010, around 49% of the advisers had already qualified. A further 40% were studying and expecting to qualify, Sants told MPs in response to their questions on the level of support for the RDR. However, Gay has described the figure as "suspect", saying they do not reflect the real situation within the IFA community. He says: "Their figure comes from a limited sample survey whereas the actual figures are available from professional b...