independent financial adviser

independent financial adviser
= IFA
A person defined under the Financial Services Act 1986 as an adviser who is not committed to the products of any one company or organization. Such a person is licensed to operate by the Financial Services Authority (before 2000 by one of the Self-Regulating Organizations or recognized professional bodies). An IFA is bound legally to give impartial advice. In practice, however, this may prove difficult as an IFA may deal with a limited range of products.

Accounting dictionary. 2014.

Игры ⚽ Поможем сделать НИР

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