Wingate's Cunningham: How I am preparing for RDR

clock

Alistair Cunningham, director of Wingate Financial Planning, says starting with a blank canvas has helped his firm embrace the changes RDR will bring

I  joined WFS Consulting, Wingate’s sister company, and Employee Benefits Specialist, nearly six years ago to develop the private client division. We achieved significant growth in the private client division, but in 2007 recognised we needed to change our business model to ensure we had a clear and consistent service proposition, to communicate to clients; with a fair remuneration structure in order to achieve sustainable and profitable growth in the medium to long-term. Initially we decided to ignore the legacy issues that we faced, and rather than getting bogged down with how we would...

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 RDR

RDR ten years on: An advice industry changed for the better
RDR

RDR ten years on: An advice industry changed for the better

'The end of the advice industry as we know it'

Kevin Silvester
clock 08 February 2023 • 2 min read
RDR

Deja vu: Are we heading back to the future on commission?

Marty, fire up the DeLorean

Tim Sargisson
clock 13 January 2016 • 3 min read
RDR

Blog: How can we shrink the advice gap?

The advice gap has been a popular topic since the Retail Distribution Review, but hasn't this gap always existed?

clock 02 November 2015 •