Pensions biggest advice driver - IFAP

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Retirement planning remains the main reason for seeking financial advice, claims research from IFA Promotion (IFAP).

A quarterly report produced by IFAP, entitled Advice Drivers, shows at the end of 2005, 34% of requests to find an IFA were based on the need for retirement planning. In the second of its quarterly reports, of 130,600 requests to find an IFA, IFAP says the share of consumers seeking advice on their retirement provision rose significantly towards the end of the year. A study of the trends over 2005 show request for advice on retirement remained steady between 22% and 24% for most of the year, before jumping from 29% in November to 34% in December. But it says compared to the trends in ...

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