RDR

Parmenion's Patrick Ingram discusses the steps advisers need to take to cope with the RDR's impact on the cash flow of their business.

Paul Pettitt, managing director of Origo, says investing in technology is critical to survival in the market.

Dennis Hall, managing director of Yellowtail Financial Planning, reveals how putting RDR preparation top of his agenda when he first launched his business has stood him in good stead.

At the time of my leader going to press last week, the RDR debate was yet to come.

Joe Egerton, director of lobby group Justice in Financial Services, asks whether IFAs can still derail the RDR after the recent parliamentary debate.

One third of IFAs are already prepared for RDR compared to just a fifth last year, according to the latest Defaqto research.

An MP at the centre of this week's maiden parliamentary debate on the RDR has hinted advisers should not expect changes to the FSA's adviser charging rules, but says the regulator could "soften" its qualification requirements.

Modest investors who may be priced out of holistic financial advice post-2012 will need less of it anyway as they become auto-enroled into pension schemes, investment manager Vanguard says.

Axa Wealth says RDR does "appear" to be a threat - but thinks there are huge opportunities for those who accept it is an immovable object.

With the RDR only two years away, we know adviser firms up and down the country are taking a good hard look at their businesses.