Stand out from the crowd

Advisers should decide on a level of automation and start building systems to support business ahead of A-Day

The times they are a changin' for intermediaries. All advisers are affected by depolarisation and menu-card style commission disclosure, which came into force this month. And in a year there will be a total restructuring of the pensions industry - or pensions simplification - as HM Treasury's spin doctors prefer to call it. But simple it is not, as providers and intermediaries alike are beginning to appreciate. As a result of depolarisation intermediaries have lost the right to call themselves Independent Financial Advisers unless they offer payment in fees rather than commission on sales...