Independence sway

There is a great deal of good sense spoken about the future shape of advisory businesses after the RDR but adviser views are not changing.

The Aim Two Three Big Survey had responses from almost 500 advisers, most of them principals, and 93 per cent still want to operate as independents from 2013 while 89 per cent believe they will operate as independents.

Our research suggests that far fewer (possibly 50 per cent) will meet the new requirements for independence, which means that there is still a lot of work to be done out there.

David Ingram