AIFA reveals 'Stakes in the Ground' results

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The Association of Independent Financial Advisers (AIFA) has revealed the results of an initiative d...

The Association of Independent Financial Advisers (AIFA) has revealed the results of an initiative designed to improve transparency and avoid accusations of misselling in with-profits schemes. The ‘Stakes in the Ground’ (SITG) project monitored 564 advisory firms to see how advice is given and record business practices, with a view to helping firms resolve future disputes. Chris Cummings, director general at AIFA said the survey reveals a strong divergence of views which advisers hold on with profits products. “Overall, advisers would seem to be providing good practice when giving adv...

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