Society of Later Life Advisers (SOLLA) has taken a 'strategic decision' to accept all advisers who achieve the Later Life Adviser Accreditation (LLAA) as members.
In order to increase consumer choice, membership will be available to both independent and restricted advisers. The society will make clear the regulatory status of each member so that consumers will then be able to determine which advice offering best suits their needs. Founder and joint chairman Tish Hanifan said: "The Retail Distribution Review presented some important considerations for SOLLA. The organisation has taken time to objectively reflect upon how the industry and consumers responded to these changes before we established a firm public position. "Our prime focus is to ...
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