Three fundamental principles of financial planning

The financial advice industry has faced great upheaval in recent years. The implementation of the Retail Distribution Review (RDR), quite rightly, forced advisers to revisit their business models as well as improve their qualifications. Pension freedom unveiled by former Chancellor George Osborne has raised the tantalising possibility of financial advice ‘for the masses'. In the meantime, the emergence of the wide-ranging, ill-defined concept of robo-advice threatens to change financial advice in its current guise. In the face of all this change, the professionalism and technical k...