The looming deadline for implementation of the RDR will have prompted many an adviser to question his or her choice of profession.
In weighing up the pros and cons perhaps they even went so far as to compile a list of the reasons for staying in the advice market and the reasons for packing up and leaving, I imagine at the moment the latter would be the considerably longer list. On that list I would expect to see the usual suspects of increased capital adequacy requirements, squeezed income streams and a heavy regulatory burden, but also lurking mid-table I wouldn't be surprised to find the often unrealistic expectations placed by the regulator on advisers. I'm referring in particular to a recent study which highl...
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