Tom Hegarty: Independent or restricted - do clients care?
A divisive subject
Tom Hegarty: "Many respondents stated it ultimately comes down to the relationship the adviser has with the client."
The New Model Business Academy recently asked its members if they believed clients worry about whether an adviser is independent or restricted. Here Tom Hegarty considers the implications of the knife-edge result
"To be able to provide independent advice, firms would need to make recommendations based on comprehensive and fair analysis of the relevant market, and to provide unbiased, unrestricted advice." Financial...
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