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Are South African advisers in denial about the impact of RDR?

On the face of it, RDR may not have the impact on financial advisers that some people suggest. Currently, we get paid commission which is paid for from within a product, and post RDR we will have to charge fees, which could be paid for from within a product. Nothing has materially changed has it? Exchange …

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Quote of the week

The Hideous Truth: It is easy to stand out in this industry if you love the customer. What’s to fear about that? David Ferguson, CEO, Nucleus

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Quote of the week

If you cannot risk, you cannot grow. If you cannot grow, you cannot become your best. If you cannot become your best, you cannot be happy. If you cannot be happy, what else matter? Dr David Viscott

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Old Model Adviser Conference?

It was interesting to see some of the comments on social media last week from delegates attending the Citywire “New Model Adviser” annual conference and awards dinner. In particular I was struck by the positive comments about the quality of the keynote sessions but the negativity with which the provider “masterclasses” were greeted, being described …

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Quote of the week

Change does not roll in on the wheels of inevitability, but comes through continuous struggle. Martin Luther King

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Lake District beckons

Off to the lake district for a weekend of camping and walking with the whole family. If the weather behaves itself then we are hoping to climb Helvellyn. It must be over 35 years since I was last up there on a school trip. Really looking forward to a fantastic weekend. Hope you all have …

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