What will the RDR really mean for selecting discretionary managers?

From conversations with a number of IFAs, it would seem there is some misinterpretation and even, dare one say it, scare-mongering about the position of discretionary fund management (DFM) among the potential solutions for investment needs. One particularly incorrect version is that DFMs will not be allowed to pay any fees to IFAs. While this is perhaps a sign of desperation on the part of the platform concerned, it needs to be responded to as it is not only incorrect but also entirely the wrong approach – there is no need for sparring between platforms and DFM as they are alternate not ...