After a lot of wasted time talking about exams and regulation there is finally an "acceptance of reality" by advisers regarding the Retail Distribution Review (RDR), Nick Cann has said.
Speaking during webinar, The hard work begins now - Delivering the advice proposition in 2013 and beyond, Cann, president of the Institute of Financial Planning (IFP), outlined his projected priorities for advisers post-RDR. Cann said: "Advisers will either see themselves as on the edge of an abyss or presented with a strong opportunity. Either way there is finally an acceptance of reality. "Advisers have started experimenting with their fees structure and proposition. They are working out their philosophy on investment, and defining the roles within an organisation. Another essential...
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