The managing director of James Hay has apologised to ex-Honister advisers for a ‘heavy handed' letter sent direct to their clients indicating they could appoint a new adviser while theirs awaited re-authorisation.
The proportion of advisers intending to leave the industry ahead of Retail Distribution Review (RDR) implementation appears to be levelling out, a survey has suggested.
Just 15% of financial advisers are ready for the Retail Distribution Review (RDR), according to research released today.
Financial advice could boost retirement income by as much as £232 a month, according to a report released today.
Advisers expect to write less tax-wrapped business in 2013, according to research.
Aegon has released details of its post-RDR commission pipeline for products on which the advice process is fully completed by 30 December.
Standard Life Investments (SLI) has joined a host of larger fund groups launching low-cost share classes ahead of the retail distribution review (RDR).