By: Patrick Lim At one glance, the above table aptly summarises the differences between all practicing financial advisers under the ambit of the FAA passed in Cctober 2002 and credit (for the above table) goes to Mr David Choo, Managing Director and founder of Promiseland Independent Pte Ltd which also appeared in the original article published in the March 2003 edition of the SmartInvestor magazine. In part 3 of "Excuse me, are u an IFA?" which I will post tomorrow, I shall attempt to address the widely held beliefs that an IFA may not offer unbiased advice and may even skew recommendation of products. in other words, if the IFA's company does not carry certain products, the IFA may not even mention these products and bypass such products but instead, recommend the products found only in the IFA's stable. Source: Everything U Need To Know On Insurance Excuse me, are you an IFA? Series Excuse me, are you an IFA?