Why I left Skandia to set up as an IFA

GOING IT ALONE

Laura Miller
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Chris Douglas, managing director of Douglas White, tells Professional Adviser's Laura Miller why he left a lucrative job at Skandia to set up as an IFA…

Since graduating university in 2001 I have been permanently employed within financial services, predominantly as a broker consultant. Most recently, I was a successful consultant at Skandia but decided, of my own free will and accord, to leave the company and set up my own financial services business. Why did I do this? 1 Having met and worked with literally thousands of IFAs I realised that the number I had (or would) recommend was a single digit; 2 Working with IFAs in the build-up to the Retail Distribution Review (RDR), I came to realise that there was going to be a lot of ad...

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