Zurich's Richard Howells: Hope isn't a strategy

clock

I am talking to lots of IFAs at the moment about their plans to transition their businesses to take advantage of the post RDR environment.

The great news is that less and less are burying their heads in the sand and ignoring what I believe to be a wonderful opportunity to embrace change. As professional business people, most IFAs have got good ideas but it seems that some may be in danger of making the mistake of starting the transition process at the wrong time. Some advisers are diving straight in and buying or signing up to IT platforms or wraps, the danger here being that you end up moulding your business around the IT rather than making the IT work effectively for your business. It seems that another trap which s...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

RLAM implements Sustainability Focus label across £11bn portfolio range

RLAM implements Sustainability Focus label across £11bn portfolio range

Across a mix of funds and trusts

Cristian Angeloni
clock 23 April 2025 • 1 min read
IFAs must show empathy not judgement during tough client life events

IFAs must show empathy not judgement during tough client life events

Financial implications of life events and what women need to consider

Jenna Brown
clock 23 April 2025 • 4 min read
Zero cases of non-financial misconduct opened by FCA in two years

Zero cases of non-financial misconduct opened by FCA in two years

A Freedom of Information request has found

Cristian Angeloni
clock 22 April 2025 • 3 min read