'More providers will take small stakes in IFAs'

Scott, Tracey
August 2009
Money Marketing;8/20/2009, p5
The article highlights the expectations of Threesixty Services LLC partner Phil Young over the number of products providers to acquire small stakes in Independent Financial Authority's (IFA) in Great Britain. He explains that the best way to bring liquidity into the distribution sector is to buy smaller stakes in IFA firms than to buy outright. He also mentions the unwillingness of bank to lend money to large IFA firms following the event at Towergate Financial Services.


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