Divided we fall: Why small firms need a single voice

We might have enjoyed a blazing hot summer, but things are looking far from bright for the IFA industry. Eight months since the Retail Distribution Review (RDR) was introduced, there's little doubt that IFAs remain under the cosh. With regulatory changes to grapple with and financial burdens to shoulder, IFAs have a very stacked plate and, it would seem, somewhat unfairly, that the smaller IFAs are bearing the brunt of it. While the larger players may dominate the headlines, we must be careful not to sideline the many small firms and individual advisers that make up this industry. It ...