How to build a strong recurring income model

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Patrick Ingram, head of corporate relationships at Parmenion, explains how to achieve an efficient and affordable proposition

January 2013 will definitely herald the arrival of our new regulator, even if the RDR timetable is re-arranged, deferred or reassessed. This is a landmark event and is set in stone. The new regulator is the Consumer Protection and Markets Authority, and its new head, Martin Wheatley, has vowed it will become the consumer’s champion. The theme for IFAs to consider in this context is not getting anchored on practices and lines of thinking that have their origins in the days of commission-based selling. The imperative is to look ahead to how patterns of business will change in the new...

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