Long term care advisers well ahead of RDR

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Long-term care advisers are well placed to deal with RDR, delegates at the ninth Symponia conference heard.

Gareth Fatchett, director - solicitor and notary public at Regulatory Legal Solicitors said IFAs who specialised in elderly care planning were nearer to RDR-readiness than other advisory firms. This is because this area is driven by specialised advice with many advisers being early adopters of fee-based charging. He said: "I wouldn't want to be a generalist." Speaking to RP, Janet Davies, managing director of Symponia said: "Long term care advisers have placed themselves ahead of the game anyway, because they're recognising it's something that should be addressed. They're not the ones...

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