A compliance service designed for financial planning firms has been launched.
The service, the creation of adviser management consultancy the Phil Billingham Partnership, aims to bridge a perceived gap between financial planning processes and the practices of compliance consultancies. Phil Billingham Partnership (PBP) director Phil Billingham said: "One of the clear issues that has arisen from the RDR [Retail Distribution Review] is that the business model that financial planning firms in particular are running and the model that some compliance consultancies are trying to audit, don't match. "In the past this was merely an irritation. It has now become a real ...
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