IFAs are going back to school

MoneyMarketing has reported that the UK companies Scottish Widows, part of the Lloyds TSB banking group and Norwich Union, part of the insurance group Aviva,
are heavily attracting independent financial advisers (IFAs) for their training
academies. For instance, Norwich Union has attracted over 1,300 registrations to
its Financial Adviser Academy since March.
www.searchifa.co.uk
MoneyMarekting cites George Andrew, market relations head at Scottish Widows, who noted the appetite for more professionalism in the industry.
I think IFAs have enviously looked on at the legal and accountancy professions, who
manage to charge substantial fees for their work.