Independent-Financial-Services.co.uk

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Independent Financial Services Online

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This site provides information on Independent Financial Advisors (IFAs). Basically, they are professionals who offer unbiased advice on financial matters to their clients and recommend suitable financial products from the entire market. Peter Glover, the former chief executive of Clerical Medical came up with the term in order to describe the advisers working independently for their clients rather than representing an insurance company. The term is commonly used in the United Kingdom where IFAs are regulated by the Financial Services Authority (FSA) and must meet strict qualification and competence requirements.