What my skydiving instructor taught me about RDR

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As part of Professional Adviser's series looking at how firms are preparing for RDR, Jones Hill managing director Brian Hill recalls a seminal moment...

As I was walking towards a small plane while on a parachute course in 1990, my Sergeant Major said, to my eternal embarrassment: “Proper planning and preparation prevents poor performance. Now, where’s your parachute, Sir?” That thought has rested heavily on my mind almost every day since, and found meaning when it came to planning for RDR. I firmly believe it needed to be done, and done properly, for Jones Hill to ride the crest of the RDR wave. As such, the planning phase finished more than 12 months ago and we are now moving with direction through the execution phase. The two princ...

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