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Clients do it themselves: ComPeer - 26.03.2009

FT Adviser

According to ComPeer, more than 1 million clients of professional advisers may turn to do-it-yourself advice. This article covers the findings from the Tax Incentivised Savings Association (TISA) conference, where Roger Colletta, Managing Director of ComPeer, was one of the main speakers. ComPeer's research shows that the growth in broadband internet adoption has been a key driver in increasing financial DIY. Online personal finance is now a firmly established distribution channel with 44% of adults viewing the internet as an essential source of financial information and advice. With the increase in technology, the need for an adviser has reduced amongst the most financially active people.



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