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Towry blames rise of the DIY investor on "amateur" advisers

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Towry chief executive Andrew Fisher has blamed the growth of execution-only investing on the “amateurisation” of the advice sector and says it is still not sufficiently professional post-RDR. Latest figures from The Platforum size the direct platform market at £94.3bn as at September 2012, up 30 per cent from £73.2bn…

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