Better Business: Take your place in the professional world

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Mark Benson, technical manager at WAY Investment Services, says there are various ways IFAs can prepare for the increase in the minimum qualification level proposed in the RDR...

One of the most positive developments in financial services over the past few years has been the amount of effort many practitioners have put into developing financial planning into a recognised profession that can stand shoulder to shoulder with solicitors and accountants. The journey so far has seen changes to the qualification framework taking place at the same time as a huge shift away from nationwide single company sales forces, towards fee-based, independent financial planning firms of all sizes. Whilst these changes could be characterised as if the adviser community is under at...

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