There is one way to avoid struggling with the future - avoiding it. Matt Smith clarifies the options for those looking for business exit plans
As a business owner, we closely follow the economic news, and issues facing our industry such as the retail Distribution Review (RDR) – things that materially affect the future of advising and broking businesses. Many key events will determine what advisers do with their businesses over the coming months and how they choose to go forward. One recent poll indicated as many as one in seven IFAs will leave the industry as a result of the RDR and another pundit suggested as many as 40% of advisers will leave the market. These headlines illustrate that, whatever the reality behind these numbe...
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