Fiona Murphy speaks to the IFA Centre's managing director Gill Cardy about the benefits of independent advice.
1. Do you think the ‘death' of independent advice is accurate or exaggerated now RDR is here? I think it's been exaggerated by firms who are going to receive restricted business models. A year ago when the IFA Centre was set up, there was a lot of discussion about it. My fear was everybody would believe the hype that it was going to be impossible to be independent and no-one would stay independent, which is part of the reason I've decided to fight the corner. I think as time has gone by, people have become more aware it's not such a difficult thing. If you're already an IFA, to stay b...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
