30th April 2012

You've got the exams, changed the business model. Surely something's missing?

10.30 -12.30 - 23 May 2012 - Schroders Head Offices: 31 Gresham Street, London, EC2V 7QA

The FSA assures the IFA community that RDR is in the customers benefit. However, seemingly no one had surveyed IFAs on how their clients feel about the impending changes in regulation. Therefore, Panacea recently ran a survey asking IFAs if they believe their clients see the RDR proposals as a benefit as well as measuring how much they really know and understand.

From over 740 IFA responses it is clear that consumer awareness is very low and following a recent meeting between Panacea and the FSA, we have become ever more concerned that there is no "Cunning Plan" at the FSA to educate consumers, and especially consumers who have an IFA relationship.

The RDR awareness creation from the FSA is in the form of a guide page on their website called "Changes to the way you get financial advice". The link and two pages is a pretty poor show, launched with 269 days to go, it is a tome that is high on "Whats" and low on "Whys". It is also missing a golden opportunity to talk about the importance of advisers and the advice process.

This FREE question time event will be hosted by Derek Bradley, CEO Panacea, who will be joined by a panel of industry experts, which will include:

• Karen Barrett, Chief Executive, Unbiased
• Richard Hobbs, Head of Lansons Regulatory Consulting
• Nick Cann, Chief Executive, Institute of Financial Planning
• Gill Cardy, Managing Director, IFA Centre
• Garry Heath, former director general of the IFA Association

as they answer questions from the floor to address how IFAs can:

• best communicate changes to their clients
• how the FSA should get involved
• how best to provide clarity over the costs of advice pre RDR to counter post RDR objections

Following the Q&A session a summary will be sent to the FSA in the hope that this can help any communication strategy they may be planning going forward.

Spaces are limited and will be allocated on a first come, first served basis, so register today!

RDR