IFA

Britons are failing to seek regular advice from their financial adviser, despite turbulent markets looking set to continue, according to Zurich.

Britons have sacrificed £19bn of savings in a bid to drastically reduce their debt mountain as the credit crunch bites, research suggests.

An IFA is seeking clarification from the FSA over whether he can stop writing suitability reports and instead send clients a recorded conversation of their meeting.

The CII Group will merge with the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) to create the largest global financial services professional body.

Participants in a year-long Axa experiment testing the virtues of using professional advisers, are collectively £50,000 better off, according to the firm.

Financial advisers are missing out on a "golden opportunity" to promote their businesses in the height of the financial crisis, IFA Life says.

One in seven IFAs is in the "dangerous" position of using an overdraft as a permanent means of finance, a study suggests.

Over 1,000 advisers are expected to sign up for a diploma level qualification, showing they are keen to prepare for tougher rules on professionalism.

Satisfaction levels among consumers who visit an IFA are at an all time high, according to Unbiased.co.uk.

IFA firms needs to behave like other businesses and put profitability ahead of turnover, according to Helm Godfrey managing director Bruce Wilson.