The Roadmap to a Successful IFA Retirement: Step-by-step Guide
Many independent financial advisors are considering selling their IFA acquisition businesses. This is because the costs of insurance, regulation, and compliance are increasing, along with the Financial Services Compensation Scheme and more administrative work. People who own IFA businesses know the extra financial duties put on them. This is because the Financial Conduct Authority (FCA) has changed the Capital Adequacy Requirements over the last few years. Well, this means smaller IFA businesses have less money to spend on expanding their operations and keeping their technology up to date. This limits the time those companies can spend caring for their customers properly. There are a lot of Financial Advisers who find retiring to be a considerable task and need help knowing where to begin. We've made a step-by-step plan called "Roadmap to Retirement," which we will help you follow. This will remove some of the worry and work that comes with retiring. Step 1: Ret