A life changing decis ion.
As financial services become more sophisticated, and regulations more stringent and time-consuming, many brokers are no longer opting to provide financial advice as an addition to general insurance. Jennifer Jarrett asks what to do with financial services.
The imminent demise of the IBRC has obliged a broker with both ageneral insurance and a financial services portfolio, to consider whether
financial services fit into their future strategy. While many have taken
the immediate decision to transfer from IBRC to either a network or the
PIA, there is the opportunity to ask whether to continue to transact
financial services. How should the IFA side of the business be organised
to offer the best advice to the client, but bring the best results to the
bus
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