Warning 250 IFA firms risk 'disappearing'

Analysis by Plimsoll looking at the top 1000 companies in the market suggests 254 companies in the IFA industry are following a strategy which has led them into a blind alley and they must change quickly or risk disappearing altogether. "It is undoubtedly tough out there with demand still subdued and costs rising all the time," said report author David Pattison. "With too many companies chasing too little market, many are finding it difficult to pass on rising costs to customers." The study identified 254 companies for whom the strategy over the next 12 months is either survival or re...