Like it or not, the financial planning industry is experiencing a period of increased regulation, whether it’s through the Retail Distribution Review (RDR), MIFID II or the new changes to DB pension transfers.

When considering the future of financial planning, many believe the industry is facing a ‘perfect storm’. This is forcing changes to the way financial planners and their businesses operate. Increased regulation resulting from the Retail Distribution Review (RDR) and MIFID II, as well as uncertain market conditions, are seeing financial planners transform the way they work.