The RDR - however laudable its aims - is inevitably going to result in some upheaval and adjustment for advisers and fund groups alike, as they get used to new ways of doing business with each other.
Perhaps the only group that really seems to be actively looking forward to RDR is providers of investment trusts, where the prevailing view tends to be that the end of commission will remove the biggest obstacle to trusts becoming a mainstream product for advisers. But is commission really the biggest obstacle? And should investment trust providers even be worrying about ‘cracking’ the IFA market? Education gap Investment trusts are popular products both with small private investors and with big discretionary wealth managers. They can be bought and sold on the stock exchange with on...
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