Third Barometer of Independent Financial Advisors
04/09/2009
Cardif has released the results of its third Barometer, based on a survey of Independent Financial Advisors (IFAs).
The survey was done in France between May 28 and June 18, 2009 by TNS Sofres, the French leader in market research and opinion surveys. The Barometer covers a representative sample group of 500 IFAs*.
“2009 is seen as a pivotal year. IFAs have weathered the crisis and proved resilient despite the sharp downturn in markets at the end of 2008 and the beginning of 2009. The majority of them feel that the worst is behind them. For the past year they have strengthened relationships with existing clients, who appreciate the personal attention and custom-tailored advice they have received. The crisis revealed their strengths, but also certain weaknesses. IFAs have become very much aware that they need to be proactive in order to put the crisis behind th em,” said Roger Mainguy, Director of the Cardif France Networks and Partnerships, commenting on the results of the survey.
