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RDR will "fuel" consolidation, Conforto claims.
The Financial Times Journalist Gemma Westacott reports on
The Financial Services Authority's (FSA's) Retail Distribution Review (RDR)
- further Details
IFA Conforto appoints new chairman
By Charlotte Banks (ifaonline.co.uk)
Fee-based IFA Conforto has appointed former Ernst & Young senior partner Peter Klauber as chairman,
in preparation for the next stage of its expansion plans.
- further Details
Conforto appoint a new chairman
The Financial Times Journalist Dominic Welling reports on the appointment of
Peter Klauber as the new Chairman of Conforto - further Details
Conforto take over
City Wire's Iain Martin reports on Conforto's latest take over - further Details
Conforto acquires Christie Scott's
Money Marketing's reporter Chris Salih reports on Conforto's latest aquisition - further Details
Conforto continues expansion
Professional Advisers Simon Danaher reports on Conforto's latest aquisition - further Details
Conforto Recruitment
The Financial Times Journalist Stefanie Ives Reports on the latest recruitment drive undertaken by Conforto - further Details
City Wire - New Model Adviser Article
Michael McCroddan & Conforto MD Andy Sutton talk enthusiastically about the combined business's future. - further Details
Acquisition
Conforto Financial Management acquires the Hertfordshire-based, IFA, The McCroddan Partnership. - further Details
Motorsport
Racing legend Ricardo Patrese drives the ‘Conforto’ 1960 Ferrari Dino at Goodwood - further Details
Conforto sign major sponsorship deal with Sports Racing Masters Series - further details
Golf
Conforto Golf Victory - further details
Flamboyant British Golfer no longer worries about where to invest his cash! - further details
Conforto is delighted to announce the sponsorship of a new talent on the European Golf Tour - further details
Ian Poulter - Tiger Hunting with the Conforto ambassador - further details
My longest drive ever - Ian Poulter longest drive, 696 Yards - further details
Hole in One - for sports celebrities & those in the know - further details
Football
Conforto Client Matthew Upson talks finance to the Sunday Times - further details
Icon Magazine - West Ham United's Matthew Upson Hammers his finances with conforto - further details
Lee Dixon - The Conforto ambassador still has a driving ambition - further details
Icon Magazine - Editorial - Feature from Jamie Redknapp's publication for Premiership Footballers - further details
Boxing
Barry McGuigan comments - "I have finally found a highly professional, proactive financial advice company" - further details
Conforto Ambassador Barry McGuigan talks finance to the Sunday Times - further details
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RDR will "fuel" consolidation, Conforto claims.
By Gemma Westacott
The Financial Services Authority's (FSA's) Retail Distribution Review (RDR) will "inevitably fuel the ongoing consolidation" in the financial advice market.
That is the claim made by fee-based independent financial adviser Conforto Financial Management following publication of the FSA's feedback statement on the RDR earlier today (25 November).
Conforto, which has grown to have £125m assets under management through two acquisitions in the past four months, said further consolidation would occur as a result of the increased pressures on, and qualifications required for, firms that choose the proposed independent advice route over that of sales advice.
Managing director Andy Sutton said: "Many advisory firms will need to make decisions for their future and this will inevitably fuel the ongoing consolidation of the financial advisory market.
"Segmenting the financial advice market is a fundamental step and the key proposal from the FSA creating a distinction between those firms who focus on providing holistic financial advice and those focused on selling financial products.
"Consumers will benefit from increased confidence in the market, a more transparent understanding of what they can expect and a better, more consistent financial advice process."
Link to complete article
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tel. 0870 777 8670
fax. 0870 777 8672
Offices at:
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