2nd January 2007, 03:48 PM
Completely Mr Hosty.RAO status is either a guarantee or its not.If it has no legal standing or, the IFA are simply not able to meet its responsibility of control, then it is (as a document and a scheme) non-viable.The IFA have openly admitted that they simply do`nt have the logistics to police standards across the industry.Why would a potential client believe the situation will be any different for the RAO scheme?
..knowledge without action is insanity and action without knowledge is vanity..(imam ghazali,ayyuhal-walad)
..knowledge without action is insanity and action without knowledge is vanity..(imam ghazali,ayyuhal-walad)