Tenet has established four adviser-driven ‘focus groups’ to deal with some of the key issues facing the post-RDR intermediary sector.
Covering client disclosure documentation, fee-charging, paraplanning and technology, they form an extension of Tenet’s existing ‘regional chair’ network, where an experienced group of advisers already act as a sounding board for the company.
Helen Turner, distribution & development director at Tenet, said: “The new groups are proving to be a very useful mechanism for moving the business forward and ensuring that everything is not driven from the centre.
“They meet on a much more frequent basis than the regional chairs and we envisage that the feedback we receive will play a significant part in shaping our proposition for the future.
“We share a common interest in getting things right and our members have a vital role to play in the decision-making process,” she added.
Colin Last, principal of Wokingham-based Tamar Independent Financial Advisers, who is part of the fee-charging group, said: “The initiative will enable the wider membership to have a real input into Tenet – in a proactive, non-prescriptive manner.
“Fee-charging remains an on-going area of debate and this new system will provide a vital opportunity to work collaboratively to develop successful fee-based models.”
Each group comprises one Tenet representative and three or four advisers, each of whom is already a regional chair representative.
