Lyssa Barber of specialist financial recruitment company Allemby Hunt explains the growing importance of a staff retention strategy.
After a UK Treasury select committee recommended a one-year delay implementing RDR, cautioning a potential ‘stampede’ of advisers from the investment industry, it is easy to see why the road to 1 January 2013 may be anything but smooth. A casual glance at the financial press shows plenty to stir concern; the same Treasury select committee recommends an opt-out option for HNW clients, 53 IFAs actively downsize staff numbers in the past month and lingering questions remain over how beneficial the review will genuinely be for client choice. A significant amount has already been written a...
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