Unwrapping wraps

The FSA is pushing the industry to move from commission- to fee-based advice, and with the RDR fast approaching, many IFAs are understandably concerned and looking to platforms to help them adapt to this new regulatory framework. Fee-based business models are a powerful driver for cultivating long-term client relationships. Historically, the IFA sector has been successful in interacting closely with clients. However, in the new post-RDR world the majority of previously commission-based advisers and firms will need to increase both service models and levels still further. Companies mus...