Time for IFAs to stop the infighting

IFA Kate Brookes talks RDR, McAdvice and the importance of being earnest.

clock

IFA Kate Brookes talks RDR, McAdvice and the importance of being earnest.

I have read a lot of opinions and listened to debate about the RDR and the implications it will have for Independent Financial Advice. The debacle concerning qualifications, grandfathering and Hoban's 'Mcadvice' comment all lead to fervent and heated debate amongst IFAs on the internet. In the course of this debate I witnessed some viscous personal attacks, commentators opinions being treated with dismissive derision, ridicule of other's opinions and just down right traded insults. The death of independent financial advice will not be RDR, but the lack of basic skills far more impo...

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

'Will this return us to one-size-fits-all?': Industry divided over Reeves' Consumer Duty wholesale review

'Will this return us to one-size-fits-all?': Industry divided over Reeves' Consumer Duty wholesale review

Wholesale exemption would ‘adversely affect the Duty’s objectives’

Sahar Nazir
clock 17 July 2025 • 5 min read
Tatton Core Balanced tops ten most recommended platform MPS by value

Tatton Core Balanced tops ten most recommended platform MPS by value

According to Defaqto Engage

Sahar Nazir
clock 17 July 2025 • 3 min read
Government's FOS reforms 'a mixed bag'

Government's FOS reforms 'a mixed bag'

Some changes appear to be ‘lacking in any substance,’ commentators say

Isabel Baxter
clock 16 July 2025 • 4 min read