In a continuation of our last RDR session, this hour-long webinar offers insight into the proposals regarding changes to the Cat 2 licence.

Georgina Smith, INN8’s Head of Distribution, is once again joined by Jennifer Anderson, our Head of Product, and they unpack the different types of investment management being tabled, how DFMs fit in, and if it's likely that the Cat 2 requirements are going to get stricter.

For those advisers using a Cat 2 to sign client instructions, you may need what the regulator calls a “mandate for convenience” - and the duo helps you to understand what this means.

About the Webinar

In December 2019, several RDR discussion papers and updates were released was for comment. During this live webinar, Georgina Smith and Jennifer Anderson will continue from where they started to provide an overview of some of the important issues which may affect your business.

The discussion will focus on Cat 2 licences, and discussion points will include:

• Understanding the current investment value chain and licensing structure
• Discussion of discretionary investment management, and the proposed sub categories which will apply to all forms of investment management
• Review of stronger fit and proper requirements stance by the regulator
• Mandates for convenience – what they mean, how the will work, and what will they be limited to in terms of transacting

Missed the previous webinar?

In the first part of the RDR webinars, Georgina and Jennifer provided a one-hour crash course that covered the latest developments on all things RDR, from adviser categories and independence, licensing, model portfolios, and category 2 licenses, to gap filling and using products outside of your home group.