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SimplyBiz: Less than 4% of IFAs will consider restricted channel
13 September 2010
Less than 4 per cent of SimplyBiz and Compliance First advisers say they will consider the restricted advice route post-RDR, according to SimplyBiz chairman Ken Davy. The support services firm surveyed 500 of its member IFAs and found that appetite for the restricted route dropped further still when advisers realised that the qualification and remuneration requirements are the same for independent and restricted advice. Published by Money Marketing
