Advisers give backing to AIFA long-stop campaign

A survey of 279 IFAs conducted on behalf of the Association of Independent Financial Advisers (AIFA) found 87% back the organisation's campaign. AIFA is calling for the incoming Financial Services Bill to introduce a long-stop, or to give the new regulator, the Financial Conduct Authority, the ability to introduce it for the advice profession. Last month's poll also found 57% believe the lack of a long-stop will remain "a critical issue" for their business for the next ten to 15 years. The long-stop was the second most important issue for advisers surveyed, after RDR. Chris Hann...