RDR will separate the advice market - Cann

Cann also claimed many IFAs will need to consider their own professional development and would need to accept the need for further qualifications. Speaking at the Adviser Glasgow conference, Cann says intermediaries will develop into one of three categories; Financial advisers offering basic advice Advisers that become specialists on specific product areas Full financial planners, offering a wide range of detailed advice Larger, national IFA firms are already beginning to support advisers who want to gain additional qualifications, according to Cann, and the phenomenon is spr...