Restricted advice
The Retail Distribution Review (RDR) is set to see an explosion of advice “brokers”, instead of restricted or independent advisers, according to Panacea IFA.
AWD Chase de Vere has stressed it will remain independent post-RDR and will not develop a restricted or simplified advice offering.
SimplyBiz founder Ken Davy has launched a national advisory business aimed at the restricted advice market.
Other Restricted advice articles
Heartwood Investment Management has set out plans to forge partnerships with 100 adviser firms as part of a fresh assault on the intermediary sector.
St James’s Place (SJP) is targeting double digit growth over the next five years, after announcing positive new inflows this morning.
Sesame Bankhall Group (SBG) has announced the product providers for its restricted advice offering, due to be launched in Q3.
The pick of this week's articles on IFAonline...
Eight out of ten advisers could move to a restricted advice model after the retail distribution review (RDR), recent findings suggest.
Aviva has said its retail wrap will target advisers offering restricted and simplified advice propositions as part of a wider assault on the mass market.
AIFA policy director Chris Hannant has criticised 'free rider' advisers who back the trade body's efforts and benefit from its work, but don't want to pay for membership.
Axa Wealth is launching a restricted advice offering for advisers looking to move away from independent status.
The vast majority of advisers intend to remain in the industry and offer independent advice after 2013, in a sign advisers have “accepted” RDR, research suggests.
An “alarming” 80% of client assets are from the over-50s age group, according to research.
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