On 31 December 2012, the
Financial Services Authority is changing the rules about how financial advisers
run
their businesses, how they provide their services and
the way consumers pay for them. These changes are commonly known as the Retail
Distribution Review (or RDR for short).It is likely that you have heard about this in the media over the last few weeks and months but we also wanted to make sure you heard about it from us, specifically so that we can outline how our business has changed to meet the new regulations and so that you can understand what it will mean to you as our client. We are therefore attaching our Guide to the RDR for your information and safe keeping. Please follow the link below to access our Guide:
All
our existing clients will also need to complete and return the new personalised
Client Agreement which clearly details the Adviser charges applicable to your
investment and/or pension portfolio. We will be issuing this document in
phases throughout January 2013.
As
always, if you have any queries regarding the issues surrounding RDR and how it
will impact on you personally, please do not hesitate to contact us and we
would be happy to discuss this with you further.
