Time is running out for adviser firms

clock

Can you hear that? Listen very carefully, it's barely audible at the moment but over the coming months it will become deafening in the run up to the minimum qualifications deadline.

It is the sound of the clock ticking as time runs out for getting the best price for your client bank. It is widely thought that the unintended fall out of the Retail Distribution Review will be a rush to sell up rather than become Level 4 qualified ahead of 2012. And I am inclined to agree. Surely there's no rush though, as that's over three years down the line? Wrong. The qualifications deadline might be some way off but that does not mean that you have the same length of time in which to leisurely secure a good price for your business. The importance of factoring in a decent handov...

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