Poor inheritance tax planning is expected to cost British taxpayers £1.3bn this year, research suggests.
Martin Bamford was the big winner at the Unbiased.co.uk Media IFA of the Year awards last night, picking up two prizes.
David Elms, the former chief executive of IFA Promotion, died on Tuesday following a short battle with cancer.
Almost three-quarters of people have failed to take steps to reduce their Inheritance Tax liability, despite wasting around £1.5bn in avoidable charges.
IFA Promotion is introducing a weekly checking service against Financial Services Authority data to ensure all IFAs currently listed on its database are fully authorised by the regulator.
IFA Promotion has asked the FSA to consider a change in its information requirements from intermediary firms, which would clearly state the way IFAs are paid for advice given.
Consumer demand for the details of independent financial advisers has risen by 13% this summer compared with the previous year, says IFA Promotion.
Recent research from IFA Promotion shows that 600,000 sensible people use one of the 52 white-labelled IFAP ‘find an IFA' search database. They are asked the question - how do you want to pay for the advice? Do you want an IFA who charges a) commission...
IFA Promotions (IFAP) has angered mortgage brokers by claiming IFAs are the only intermediaries that can offer truly independent whole of market financial advice.
Almost three-quarters of first-time buyers believe obtaining independent financial advice is important before their purchase a mortgage but only 18% of them actually see an IFA new research reveals.
The intermediary industry is failing to attract and retain younger workers and will remain older and male-dominated if this trend continues, according to research from Norwich Union Healthcare.
Retirement planning remains the main reason for seeking financial advice, claims research from IFA Promotion (IFAP).
Despite public awareness of A-Day almost tripling over the last six months, people are still not taking enough action to meet the reforms, warns new research from IFA Promotion.
In the first of two articles about internet marketing, David Elms , chief executive of IFA Promotion , sets out how the net has changed intermediary's marketing message and the client's search for a financial adviser.
Importance of advice on general insurance products is now being highlighted as IFA Promotion is expanding its 'search for an IFA facility' to include general insurance categories.