Clients get the benefit of long-term planning for their wealth, but what about your business? In this series of Big Issue content, we get input from our panel of experts on how to ensure your business not only navigates the changes ahead, but thrives in a post-FOFA environment.
In order to survive the upcoming regulatory changes your practice may need to undergo significant structural alterations. Is your practice prepared for the outcome of the fees versus commissions debate? How will your business be affected if your clients are required to opt-in annually? Will this increase your administrative costs?
It has been suggested that high-touch financial planning is the future of independent financial planning practices and low-touch clients should be looked after by the institutions. Hear what our experts have to say about the institutionalisation of the financial planning industry. Where does your practice fit into the landscape?
Within the current environment many businesses won’t survive. However, practice owners who are willing to transition their practice within the regulations have the opportunity to flourish. Find out how to create a Future Proof business with No More Practice 2.