How will you position yourself post RDR?

We are 100% behind keeping the ‘Independent’ in IFA. Recent debacles such as Barclays Bank's failings when selling the Norwich Union funds have shown that often head offices are no better at research into products than individual IFAs! Furthermore the risk is not so much in the product itself, but rather more in the application of the product to the individual. If the product fails and the wrong customer is left holding the product – a low risk customer with a high risk fund – then it is likely that the complaint will go against you. So we prefer to leave the power in the hands of those best placed to establish what is the best for their customer.