1st May 2007, 12:57 AM
Simple answer to Orkynowot - no.
Peter has gone some way to explaining how rates are devised - and he is a bit conservative about 2x salary. Whatever, a £6k increase is 40% on rates. Fine in a controlled/regulated market, but who is going to be the first to put up their charge rates by 40%? IFA to impose on RAOs? - see the dash from RAO status to ensure you don't go bust. Then where are we?
Baby and bathwater time. This has to be incremental and people have to understand the realities of the business environment.
Peter has gone some way to explaining how rates are devised - and he is a bit conservative about 2x salary. Whatever, a £6k increase is 40% on rates. Fine in a controlled/regulated market, but who is going to be the first to put up their charge rates by 40%? IFA to impose on RAOs? - see the dash from RAO status to ensure you don't go bust. Then where are we?
Baby and bathwater time. This has to be incremental and people have to understand the realities of the business environment.