Jacksons Wealth is a fee-based, RDR-friendly financial planning business. But, after making another tweak to its fees disclosure document, managing director Pete Matthew is beginning to wonder who it's really for - the client or the regulator?
Like many well-established firms, RDR didn't represent a massive change for us. We were already doing the job right, with clean fees taken on all our client work and a clean bill of financial health. A couple of our advisers had to hop over the Diploma line, but that was about it. While we believe we were doing things right, some of our documentation needed to reflect that and, in particular, our client disclosure document. Before and since 1 January 2013, we have tweaked this document in a bid to get it perfect, always from a client's point of view. They are the ones we're in busines...
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