Davis - Where next for Openwork's advisers?

clock

The noise surrounding the RDR remains at full volume, although no-one will know what the final rules will demand of advisers until next year.

Openwork is no different, of course, but with the regulator unequivocal about the direction in which it wants the industry to head – particularly in terms of its move to Customer Outcomes - we have decided to take the initiative and act now. Last week we launched what we call the Customer Benefit Programme, a significant project which will embed in our process and systems a more outcomes-based approach to advice. The sheer scale of the project is, to say the least, challenging – by the time it has completed our 1200 pensions and investment advisers will have each undergone a comprehen...

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

Dean Proctor: Hopes and fears for the new PM and cabinet

Dean Proctor: Hopes and fears for the new PM and cabinet

Stability, simplicity and the chance to do things differently

Dean Proctor
clock 23 July 2026 • 5 min read
Should spousal maintenance be abolished? A modern perspective

Should spousal maintenance be abolished? A modern perspective

Making the case for abolition and retention

Amy Walpole and Karen Brennan
clock 22 July 2026 • 4 min read
Advisers call on chancellor Healey to back business and revisit IHT reforms

Advisers call on chancellor Healey to back business and revisit IHT reforms

New chancellor will need to ‘stand fast on the plans ahead’

Sophia Panayi
clock 21 July 2026 • 3 min read