IFAs complain Consumer Duty has made it harder to advise clients

 

Six months after it was implemented, over two fifths (45%) of IFAs believe the Consumer Duty has made it harder to advise clients.

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76% of IFAs plan to retire in the next 10 years

Three quarters of IFAs plan to retire in the next decade - 31% in the next two to five years - raising concerns there could be insufficient adviser numbers in the future.

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Just 1 in 10 advisers would consider crypto investing

Over nine in ten IFAs would avoid recommending investing in cryptocurrency to their clients, according to a new report.

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4m under-40s misunderstand pension risk

Around 4m savers under the age of 40 could be losing out on investment returns because they think a medium risk pension will produce the strongest returns for their pension.

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