Intelligent Pensions offers IFAs 'lay advocate' roles post-RDR

The advisory firm says it will pay retiring advisers retainers on a fixed or percentage basis to bring their clients to IP. They will also be required to attend annual review meetings to "give comfort" to their former clients. These new roles exclude providing any financial advice to clients which means retiring IFAs ‘avoid any risk to themselves'but clients still get high quality and cost effective management of their pension funds, according to IP.   "Initially the introducer IFA will work as an investment agent for their clients, and gradually IP will take over the advising on t...