By looking at overseas experiences, we can see what may lie ahead post-RDR, writes Ed Dymott, head of UK fund partners, Fidelity International.
The FSA’s Platform Discussion paper’s proposals focus everyone’s mind on whether the regulator will actually achieve its RDR outcomes and, short of using a crystal ball, the only thing we can rely on to make that judgement is experience. Experience of the UK market is essential. You simply cannot understand how the RDR might impact the UK landscape without a deep understanding of UK consumers, advisers, producers and distributors. But, while the UK is something of a blueprint for countries across the world when it comes to dealing with many of the issues and conflicts that exist in the dis...
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