The guide is a clear and straightforward outline of how and when changes will take place. It also covers the choices available and the impact those choices will have on intermediaries’ business, helping them identify their own needs and those of their clients under regulation.
Abbey for Intermediaries has produced the guide with the aim of allaying fears and misconceptions as the deadlines to apply to become regulated draw closer. It includes sections on the financial and practical implications of choosing a certain status.
A series of local roadshows has also been organised to help intermediaries identify the best route, based on how they want to conduct their business in the future.
Ambrose McGinn, Director, Abbey for Intermediaries, said: “We understand there’s an element of uncertainty and hesitation among intermediaries, who may be unsure as to how to proceed in terms of what’s expected of them and how regulation will affect the way they work.
“This guide is designed to tell it like it is- it’s straight-talking, no nonsense and no agenda. This isn’t about persuading intermediaries to do things the Abbey way, it’s about helping them identify the right way for them and their clients, and helping them find the status which will make the most of their business.”
Abbey for Intermediaries’ regulation guidelines brochure is available to anyone who would like to know more. To order your copy please call 0870 6000367 or visit www.abbeyforintermediaries.com.
