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[OPINION] Proposed two-tier system has major flaws
Tuesday 19th of July 2016
The Review’s final report has some laudable aspirations to provide better access to financial advice and reduce complexity. The sad reality is that clients of advisers will probably not understand the distinction between ‘adviser’ and ‘agent’ any more than they did between AFA and RFA and QFE adviser.
As DC Whyte points out there well could a flight of advisers into ‘agency world’...
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