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IFA succession planning: avoid these common pitfalls
Advisers often underestimate how long it will take to implement the succession plan or the extent to which they will lose control over their business.
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read moreAdvisers often underestimate how long it will take to implement the succession plan or the extent to which they will lose control over their business.
There is an increasing focus on consolidation in the financial advice industry to manage challenges around succession and retirement.