How I'm preparing for RDR: Martin Bamford

Martin Bamford, managing director, Informed Choice "We have already made the majority of preparations needed ahead of the implementation of the RDR. "We started making substantial changes to the way in which we do business back in 2004, before the RDR was formally announced but at a time when the future direction of retail financial services was becoming very clear. "We completely overhauled our client proposition and moved away from a traditional commission structure for adviser remuneration, to one aligned with the proposed adviser charging rules. This meant charging our clien...