VouchedFor.co.uk
VouchedFor.co.uk is a company that was founded to help people find reliable Independent Financial Advisers. Its IFA directory facility was the first in the UK to only feature fee-based IFAs, as well as allow users to leave reviews and ratings AbOUT IFAs.
VouchedFor.co.uk was founded in anticipation of a new regulation termed the Retail Distribution Review. This will outlaw the payment of sales commissions from investment providers to IFAs, and instead require that all financial advisers operate on a fee basis.
Since launching, VouchedFor.co.uk has worked to raise consumer awareness of the Retail Distribution Review and its implications for consumers.
References
- http://www.ftadviser.com/FinancialAdviser/Advisers/Technology/News/article/20110310/acc9dd9a-4972-11e0-88d3-00144f2af8e8/IFA-leaderboard-shows-who-can-be-VouchedFor.jsp
- http://www.thisismoney.co.uk/money/investing/article-2024868/As-RDR-deadline-looms-investors-urged-watch-IFAs-set-quit-industry.html
- http://www.which.co.uk/money/tax/guides/choosing-a-financial-adviser/seeking-advice/