Vanguard gauges client satisfaction with IFAs

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Investors rated the UK financial advisory industry as "average" in a survey designed to measure how much value consumers feel they receive from their financial advisers, according to Vanguard Asset Management, which has created an index tracking the results. The industry scored 73 on a scale of 1 to 100, with 41% of consumers reporting that they receive high value from their advisers and a third characterising the level of value they receive as low.

The survey tracked the responses of 1,163 cons

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