Business consultant Steve Billingham says leaving things to the last minute, as so many advisers are wont to do, is a dangerous game with so few weeks left to RDR.
Last Wednesday represented the beginning of yet another tax year and the time when many advisers draw breath following a frantic round of year-end tax planning activity. Why do so many clients always leave things to the last minute? Well, the fact is, for many, this type of behaviour is "human nature". For me, the parallel is "Why are so many advisers leaving their RDR preparation to the last minute". The rush to achieve the QCF Level 4 standard is well underway, but it's apparent that many advisers have still to start to address the need to adapt their business model with any real...
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