Preparing for RDR

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In the latest of our adviser interviews Helen Morrissey talks to Essential Financial Advisers' Ian Highton about how the firm is preparing for RDR

  How are you preparing for RDR? We have spent a lot of time thinking about our service proposition over the last twelve months. We need to be very clear with clients about how our charging structure works, and the fact they have an option on how they pay for our service. I think this approach is very clear cut as the client will know exactly how much they are paying for the work we do, whether it be an initial meeting or an ongoing service. Essentially we are already running as a fee charging practice as we did not see the point in waiting until the end of 2012 if we were able to do ...

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