How is the RDR affecting the retail investment sector?

Less than a year from the compliance deadline there is a lot of uncertainty about the landscape post-2012, with the FSA publishing clarifications on trail commission arrangements this week, which will affect both advisers and product providers. The impact of the RDR goes far beyond simply complying with incoming regulation. The industry is experiencing a cultural shift that is putting existing business models to the test, and the companies that thought ahead now hold a strong advantage over late movers. How many advisers will remain in the market? What will the successful business mod...