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Embracing (not so) new technology made a huge difference to IFA Trevor Harrington 's business so much so that he successfully sold it last year.
It would be wonderful if IFAs were able to design their business models in such a way that, when FSA regulatory changes came along, there was very little need to make dramatic changes to their businesses.
Well, there are advisers who find themselves in precisely this position today, despite the huge regulatory issues contained in the Retail Distribution Review (RDR), and the implications of Treating Customers Fairly (TCF). Furthermore, these perceptive IFA firms are not necessarily the fee chargers; they too ...
Source: HighBeam Research, Getting ahead of the game.