Time to get professional with estate planning

There is much dust still to settle following the application of the Retail Distribution Review (RDR). Of course, the imposition of requirements for advanced qualifications was a major obstacle for many, so much so that thousands opted for deregulation and retirement. However, the biggest cultural change for those remaining was the compulsory move away from remuneration via product-based commission. Many dyed-in-the-wool advisers have taken this move as heralding the end of financial advice as we know it. While some products may be better ‘sold’ to clients, the industry must embrace th...