Adviser numbers are down and firms' profits after tax, despite a temporary recovery last year, are lower than the two previous years, according to research from the Association of Professional Financial Advisers (APFA).
According to the trade body's annual report The Financial Adviser Market: In Numbers, 2013 saw adviser numbers drop from 23,865 to 22,790, while income across all regulated products grew from £3.78bn to...
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