The Retail Distribution Review (RDR) will impact most of the adviser population. The business model for Pennymatters Ltd has been designed with the long term in mind and hence we can offer an alternative to many advisers that are frustrated, disillusioned and in need of motivation for what we believe is a fantastic business opportunity and a fantastic business to be involved in over the years ahead.

Our vision is for any new advisers to be utilised in the areas which clients value, namely to be available both now and for ongoing reviews and to prepare and plan proper solutions. With complete transparency of fees and costs. They will need to already be operating on behalf of a wide range of clientele. We can provide excellent administration support including all the latest research tools, full business submissions support including chasing any new business to completion. We use one of the market leading technology companies which will assist our company and advisers therein to work towards a paperless environment, and in addition all clients of the company will have an enhanced view towards their financial planning. The software enables real time valuations thus allowing the client to take ownership of what is their own money and therefore ensuring a more fulfilling financial planning experience.

We want all of our advisers to feel part of the business and share a common goal to provide a level of consistent service to all of the clients of the business.

The world of investment selection is becoming more and more difficult and again, with this in mind we have an ‘in house’ investment selection process providing our advisers with low, medium and high risk portfolios across the major product providers negating the need to spend onerous amounts of time making your own fund selections. These portfolios are updated on a quarterly basis to ensure they are up to date and provide clients with the best possible chance of continued growth and a very common sense approach is taken on the investment selection process which we would be happy to discuss in more detail with any interested parties.

All of the above is provided at competitive rates with full compliance provided and furthermore we aim to put the energy and fun back into our business by holding quarterly meetings aimed at doing just that.

We welcome regulation and are a clean business with no legacy issues and have an aim to do the job right. As the owners we feel that an industry full of well qualified, happy, forward thinking, well remunerated advisers using modern proven processes serving content, satisfied clients is the new normal.

We are also aware that the average age of many advisers is creating more strain on the availability of good advisers and we actively want to pursue the acquisition of client banks and help some more mature advisers en route to retirement feel assured that the time and effort spent in nurturing loyal client relationships will not be effected.