IFAs, wraps and networks

The impact of the Retail Distribution Review (RDR) is making this a challenging time for IFAs and the distributor market. Businesses need to have a close eye on change management, training and development, as well as the expectation of consolidation in the sector over the next few years. Our specialist team can help support firms in this area though. We have real experience of providing assurance, regulatory, operational and technology services to firms across this sector and support clients at all stages of their development, from business start-up to mature business operations. We can assist too by providing due diligence and expertise in transaction negotiation.

Technology can be transformational in helping to deliver significant business improvements to IFAs, wraps and networks and yet it brings with it some of the greatest and fastest changing threats. With technology taking an ever growing proportion of corporate spending it now represents the major concentration of risk and reward for many businesses in the sector. Our business protection consultants’ can design and help develop tailored business continuity solutions, identifying the major spending inefficiencies and cost leakage in your technology cost base, design and build workable approaches to information security, reviewing your data architecture and helping you define how data is stored and managed, as well as identifying gaps between your technology operations and best practices, and provision of solutions to bridge those gaps.

We offer expertise in the following areas:

Audit and advisory services

Audit and statutory accounts preparation
Tax compliance and iXBRL filing
Governance, risk and assurance
Tax planning and advice
Corporate finance
Payroll and HR support
Outsourced book-keeping
Strategic business advice and support

Tax and employer services

Tax compliance services
Tax accounting and tax disclosure for audit (including Fin 48 studies)
Tax risk management and health-checks
Tax enquiries and compliance checks
Transfer pricing reports and reviews
Mergers & Acquisitions and due diligence
Tax structuring (UK and international, inbound, outbound and hybrid)
Partnership tax
Reorganisations, restructuring and share buy-back
Structuring and implementing employee benefits and share schemes
Employee remuneration planning
HR consultancy including employee performance issues, drafting policies and dispute resolution

Risk management and business protection consultancy

Kingston Smith Consulting LLP provides solutions to the threats and challenges faced by our clients, helping them develop the capability they need to control their exposure to risk and protect and grow the embedded value of their businesses. We offer cost-effective solutions to our clients, utilising highly experienced personnel, in the areas of: