Fort Korea Advisory "chapter IFA institutions to increase interest and weaknesses know."

Port of Korea Investment Advisors that expanding interest in the financial newspaper goyounghun Korea News] independent investment advisory (IFA) have demonstrated long-drawback scheme for seven days.

IFA scheme called a hot potato in recent years, the financial investment industry will soon enter into force according to the Act on the Capital Market and Financial Investment Services revised. Held in early March, according to the Korea Financial Investment Association amended Decree 'investment advisory system reform briefing' has driven the interest they showed over 250 participants.

IFA hot enough interest in the existing FA, investment recommendations Representatives and new entrants IFA is also divided opinion about whether to move in any direction.

IFA refers to an expert advisory role for the independent investment financial products investment advisory letter does not belong to a specific financial institution funds, equity-linked securities (ELS). To register for the IFA has the legal form of the Commercial Code should ensure a minimum capital of 100 million won.

Whereas the current statutory capital of not less than 500 million won is possible advice with respect to the stock IFA is limited, but you have to equip the capital, in the form of the Commercial Code the legal minimum of 100 million won can advisory service.

IFA has the disadvantage that you can not receive a commission on income or property from the other hand, the advantage in that it is not bound by the impact of the sales company, sales company.

Finance officials said they would have performed in early May at the latest at the end of April through the best practices converging opinions. But still among the market participants at the time the amendments to Decree no fear increasing number of inquiries about the IFA on a case-by-case basis, such as human and material, provisions.

The port Korea Investment advisory officials "are coming in connection with the IFA, FA is loaded constantly inquiry of such investment recommendation Representatives, insurance agents, peers, it is also very different types of questions" and "IFA inquiries to us there you can get answers contact, "he said.



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