The issues facing financial services firms
The Financial Services Industry has seen numerous changes of late. The forthcoming RDR, increasing compliance and regulation of TCF, capital adequacy and the external pressures that political change could bring. We can see great uncertainty within the public as they struggle to get to grips with the true meaning of the term "independent financial advisor" and the new generation of financial planners and now value planners.
Clients are asking their financial advisors...
Just what does "independent" mean and how does it benefit me?
What's wrong with just talking to my bank about financial products, they do know me after all?
And perhaps most notably why pay fees when financial advice is free anyway...isn't it?
There are considerable issues out there and with the FSA pushing TCF (Treating Customers Fairly), and changes through the latest RDR, there's never been a better time to really understand customers and their needs and improve your business in one fell swoop.
We've worked with IFA businesses to find out just what grates on their clients and what they really want from companies like yours. The good news is it's not difficult to do, it won't cost you an arm and a leg and the opportunity to show your clients you actually care about what they think will create loyalty from them and also tick the compliance TCF boxes.
Ask us more about what we've done and more importantly.... just how can we help you.