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Quilter CEO on IFAs, robos & his own DB transfer

In this third and final instalment of our candid interview with Quilter CEO Paul Feeney, he gives his opinion on independent advice, defined benefit pension transfers (spoiler alert: he has transferred his own pension) and robo-advisers.  The latter come in for quite a kicking.

We challenged Feeney to explain comments made by Quilter that in the 'race for distribution' the winners will be consolidators while the losers will be sole traders.  

But the CEO explains he does think there will always be a place for independent advice businesses.

Feeney, who sits on the regulator's practitioner panel, also spoke about work being done to 'get a safe the framework in place' to manage the transfer of defined benefit pension money. 

Oh, and don't get him started on robo-advice...

You can watch parts one and two of our interview with Feeney here.

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