The UK IFA market currently serves approximately 393,000 high net worth individuals, whose...

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c27244) has announced the addition of UK High Net Worth Independent Financial Advisers to their offering.

Introduction

IFAs that focus on the HNW population are a key channel for distributing

to wealthy customers. Renewed interest in this sector has been driven by three factors: wealth managers' increasing interest in acquiring these firms, the implication of pension simplification for the wealthy, and wrap accounts allowing IFAs to improve the service and profitability of these customers.

Scope

The report draws on data our surveys of over 400 IFAs throughout 2004 and 2005, including the opinions of 100 high net worth IFAs

The report uses data from our Global Wealth Model to estimate and forecast the number of wealthy individuals and the liquid assets they hold

Highlights

The UK IFA market currently serves approximately 393,000 high net worth individuals, whose combined liquid assets exceed GBP 232bn. Further to this, HNW IFAs handle 50% of their high net worth clients investment and protection portfolio. This makes them the key intermediary channel for providers looking to access the high net worth market.

Skandia and Aviva were picked out as being the key product providers for IFAs high net worth clients. Skandia was particularly praised by high net worth IFAs for its on-line offering and strong investment range. However, despite its strong protection products, Aviva was unpopular among high net worth IFAs due to perceived poor service levels.

Reasons to Read:

Size the UK high net worth market by the number of wealthy individuals and their liquid assets

Gain insight into the attitudes and views of the UK high net worth advisor market

Understand how to effectively target the UK high net worth IFA market and how to focus your business proposition.

For more information visit http://www.researchandmarkets.com/reports/c27244