Estimates of the number of advisers set to leave the industry due to RDR have been two-a-penny in recent years. But the FSA's latest figures have raised a few eyebrows...
New estimates from the financial services regulator suggest nine in every ten advisers practicing today will meet all the requirements set out in the Retail Distribution Review (RDR) by the end of next year. Based on an as-yet-unpublished survey assessing the current status and intentions of more than 1,000 individuals, the FSA said it expects 91% of advisers to remain in the industry and continue to see clients. Momentum shift The figures are significantly more positive than those published elsewhere, and also suggest a shift in momentum since the last time the regulator conducted ...
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