IFAs remain confident about future, says survey

IFAs have strong business confidence when it comes to the future, according to a recent study. A survey by IFA services provider Threesixty found that 98% of IFA principals are confident about the next 12 months, although the figure falls slightly to 93% regarding the next three years and to 90% for the next five years. Reasons given by IFAs for this surge in confidence included efficiencies from technology, the low likelihood of the global economy going into recession, and increased demand resulting from A-Day. However, IFAs also cited some negative aspects about their future, including tougher regulation and bad publicity in the press.