Gill Cardy - Staying independent

clock

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

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Social media investment advice leaves investors out of pocket - research

Social media investment advice leaves investors out of pocket - research

Over half who acted on social media financial advice regretted it

Isabel Baxter
clock 21 August 2026 • 3 min read
New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

'Employers will be expected to take all reasonable steps'

Emily Bradshaw
clock 19 August 2026 • 4 min read
FCA: Top ten wealth management firms hold nearly 90% of all UK clients

FCA: Top ten wealth management firms hold nearly 90% of all UK clients

FCA Wealth Management Survey

Patrick Brusnahan
clock 18 August 2026 • 3 min read