Most IFAs do not expect FCA's advice/guidance proposals to change demand

IFAs are positive overall about the changes for clients

Isabel Baxter
clock • 1 min read

Most (43%) of advisers do not expect to see any change from the Financial Conduct Authority’s (FCA) advice/guidance boundary review (AGBR) in terms of demand.

With the FCA's latest consultation on the AGBR closing this month, data from Opinium's IFA Barometer revealed that two in five (40%) IFAs think that easier access to personalised advice will lead more people to seek advice from them or their firm. Meanwhile, just 10% feel the proposed changes will result in a decrease in demand for advice, while 43% do not expect to see any change. Overall, Opinium found that IFAs are positive about the potential impact that the AGBR will have for clients. They agree that access to targeted pension and investment support will: increase client confi...

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