Time to get professional with estate planning

ESTATE PLANNING

clock

Paul Wilcox, chairman at WAY Group, on the areas of estate planning where advisers must raise their game.

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Quilter pledges £3m towards financial education

Feel Good Friday: Quilter pledges £3m towards financial education

Alongside £1m in grants supporting charities

Professional Adviser
clock 13 February 2026 • 1 min read
Brits unlikely to see IFAs despite Budget impact

Brits unlikely to see IFAs despite Budget impact

Just 19% were likely to seek advice, Continuum finds

Isabel Baxter
clock 12 February 2026 • 3 min read
Treasury consults on AR regime adding further FCA and FOS permissions

Treasury consults on AR regime adding further FCA and FOS permissions

Amid concerns about consumer harm and weaknesses in oversight

Isabel Baxter
clock 12 February 2026 • 3 min read