Friends chief says adviser numbers to stay resilient

May 2009
Money Marketing;5/21/2009, p13
The article reports on the optimism of Trevor Matthew, chief executive officer (CEO) of life insurance provider Friends Provident PLC, that the number of Independent Financial Advisers (IFAs) will remain stable in Great Britain. Matthew perceived that the struggling market might discourage some IFAs but it may also attract new people. He opposed the forecast that IFA number will be halved in 2013 because there will be young people coming to the market to replace those who will be leaving.


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