Skandia offers support to IFAs switching business models

Skandia says the launch responds to the changing nature of the advisory market as consumers increasingly want ongoing advice. It also highlights instructions from the FSA in its Retail Distribution Review (RDR) that advisers must offer an ongoing service if they want trail commission. The business consultancy team will provide practical assistance on topics including developing robust investment processes and building value into an adviser’s business. The team will frame its advice within the context of current and future regulatory requirements such as treating customers fairly (TCF) ...