Brett Investment – Ready for Action!
With 2012 set to be a challenging year for most IFAs, I am pleased to say that Brett Investment has been issued with its Statement of Professional Standing (SPS).
By the end of this year IFAs will need to decide if they are willing and able to operate under the new regulatory regime set to be introduced on 1st January. This new regime bans commission payments and sets a higher qualifcation benchmark for all IFAs. This challenge should not be underestimated. Already it is predicted that up to 40% of all IFAs might be unable or unwilling to achieve this.
As a direct consequence many IFA clients will be effectively ‘orphaned’ as their IFA will either cease practising or offer restricted advice.
Here at Brett Investment we are committed to remaining independent and with already being a Certified Financial Planner we have achieved a qualification well beyond the minimum required.