As the subject matter is RDR and Investment trust it is essential to consider that many IFAs currently do not hold authority to advise on investment trusts--they are in essence the same as direct equities and shares. This requires stockbroking qualification within the firm or the IFA will have to outsource to DFMS post RDR to include and use Investment Trusts in their research and advice process.

Investment Trust Edge: Retail Distribution Review - Q4/11

As the subject matter is RDR and Investment trust it is essential to consider that many IFAs currently do not hold authority to advise on investment trusts--they are in essence the same as direct equities and shares. This requires stockbroking qualification within the firm or the IFA will have to outsource to DFMS post RDR to include and use Investment Trusts in their research and advice process.

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