Advice can work alongside sales post RDR-AIFA

clock •

AIFA has brushed aside fears consumers would be ‘locked in' to either sales or advice in the post-RDR world, saying the two industries can work in tandem.

The trade body’s consultation with members concluded consumers, similar to their behaviour in other markets, will inevitably vary between seeking advice and straight transactions. AIFA says non-advised sales does have a place in the market and can work to the benefit of consumers, albeit with two different categories to enhance client clarity. It sees the sales profession as a “two-sided coin”, broken down into sales without persuasion and sales with persuasion. In sales without persuasion, consumers take on a higher level of personal responsibility in purchasing from a pre-determined...

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

Why wellbeing is integral to financial planning

Why wellbeing is integral to financial planning

First Wealth founder and managing director Anthony Villis

Isabel Baxter
clock 25 September 2026 • 1 min read
Talking to each other is the best way to boost financial confidence

Talking to each other is the best way to boost financial confidence

'There's a permission problem'

Sophie Hall
clock 25 September 2026 • 3 min read
Feel Good Friday: Royal London partners with disabled racing driver on equality initiative

Feel Good Friday: Royal London partners with disabled racing driver on equality initiative

Working with Nicolas Hamilton, younger brother of F1 champion Lewis

Professional Adviser
clock 25 September 2026 • 1 min read