Take it to the bank (but then what?)

Cash management has traditionally been overlooked in the intermediary space but, with the advent of the Retail Distribution Review (RDR), there is a clear argument that it presents real opportunities for professional advisers. While many intermediaries have traditionally viewed cash as a poor relation – generally because the reward has been very low relative to the amount of effort involved – the industry’s move away from commission in less than five months’ time means that advisers are going to need to be looking at ways of enhancing their proposition by adding value to the client. Cash...