Retail Distribution Review
You may be aware that at the end of 2012 the financial industry is being forced to raise its level of professionalism. The regulator (FSA) has 3 main objectives:
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to remove commission bias
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provide clarity on independence
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to raise the level of professionalism
We are already RDR compliant as we have only ever charged fees, have always been independent and are at Chartered level. However, there will be a number of IFAs that won't be ready and will not be able to practice. Therefore if you know anyone that might need a performance based trusted adviser please feel free to forward on our details.
Further information can be found at the FSA http://www.fsa.gov.uk/static/pubs/consumer_info/rdr-consumer-guide-booklet.pdf
Kind regards,
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