Advisers query providers' RDR-readiness

“The question is not whether there will be a car crash, but how big the car crash is going to be.” That was Sense Network managing director Tim Newman’s not-so-cryptic verdict on provider readiness for changes being introduced on 31 December following the Retail Distribution Review (RDR). But is Newman right? After all, most providers appear to have published details about how – and on which products – they will facilitate adviser charging, as well as where there have been any pricing changes to reflect the RDR’s focus on transparency. Several providers have expressed surprise that...