While advisers may be getting qualifications and gap-fill out of the way now, they will soon have to focus on continuing professional development (CPD).
From next year, firms will have to make sure their advisers meet the retail distribution review (RDR) requirement to complete a total of 35 hours CPD, 21 of which must be 'structured learning', annually....
From August next year
RDR brought sweeping changes to adviser charging
A quarter (26%) unwilling to pay fees
Research by Grant Thornton
The right culture is essential...
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams