Joel Turland, managing director of T&C software company Redland Business Solutions, takes a closer look at the challenges of introducing statements of professional standing for advisers.
We all know that just because a car has got through it’s MOT, it could develop a critical fault on the way home from the garage. We also know that the MOT certificate says nothing about the way the car is driven. There is value in the MOT process, as a basic test of road worthiness, at least at one moment each year, and as a statement of minimum standards expected. But we also know not to place too much faith in the piece of paper that results and put in place our own monitoring processes, such as regular oil checks, servicing and driving with due care. We all know that should an acci...
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