Advisers pondering whether or not to leave the industry before 31 December 2012 should wake up and smell the coffee, says Bradbury Hamilton managing director Sheriar Bradbury.
The days are fast ticking down to the 2012 RDR milestone and my advice to the ditherers is: don’t delay, get out while the going is still good. With the buying and selling of IFA firms increasing in frequency as we approach the Review's deadline, the issue of transferring client banks will become more prominent. The switch in charging structures from commission to fees is going to have ripple effects into other issues, such as the transfer of clients, and it is high time advisers start thinking about the potential implications, not all of which will be staring them in the face. It ...
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