International moves to RDR-type regulation underpin Threesixty expansion

Threesixty Services is looking to export its adviser-facing business knowledge and experience overseas as other countries adopt RDR-style regulation and financial planning business models.

Following a recent working party of the Financial Planning Standards Board (FPSB) in London with members representing South Africa, Canada, Australia and the USA, threesixty's Head of Business Consultancy, Phil Billingham, said members met to help define the standards and processes which will shape financial planning internationally.
 
Threesixty is also planning to meet with the Australian Treasury to give input into financial services compensation arrangements. Last year threesixty Managing Director Phil Young spoke to senior representatives from financial services in the Netherlands about the development and growth of support services for intermediaries in the UK, and threesixty has also had exploratory discussions around exporting its services into the Republic of Ireland and Hong Kong.
 
Phil Billingham said: "The world of financial advice and planning is experiencing convergence. We are not all on exactly the same path, but we are heading for the same point. The UK is seen as closer to this point than most and we need to pass on our experiences, whilst we continue to learn from others.”

www.threesixtyservices.co.uk