The RDR may have narrowed the distinction between ‘adviser' and ‘planner', so what options are there now for those looking to branch into life planning? Nicola Brittain finds out...
To some, the difference between a financial adviser and a financial planner is vast; to others, the distinction is imagined. Thanks to changes made to the delivery of advice following the Retail Distribution Review (RDR), it may no longer be true (if it ever were) that the former more often results in a product transaction while the latter tends to charge separately for advice and so is not reliant on securing a sale. But, to some, a clear and identifiable gap remains, particularly relating to profitability, or certainly potential profitability. Perceptive Planning operations direc...
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