The New Model Business Academy (NMBA) has said it is moving away from its original focus of preparing advisers for the Retail Distribution Review (RDR) now that the deadline for implementation has passed, and will instead be helping advisers build on the positive changes they have made to their firms.
The not-for-profit organisation, set up in 2008 and which is funded by product providers and fund management houses, has about 13,500 members, most of which are advisers with about 12% being made up of paraplanners. Advisers' sustainability, profitability, growth, and continual personal development (CPD), are the key themes where the NMBA will be looking to help member firms in 2012, according to chief executive Lee Travis (pictured). As part of this the NMBA has invested in a portal with compliance firm Competent Adviser where members can log that they have met the minimum CPD requir...
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