Scottish Widows on the spot

Helen Morrissey: A lot has been made of the challenges and opportunities RDR brings for financial advisers. Is the intermediary market going to be unrecognisable in 12 months? Simon Massey: I don't think unrecognisable. I think there will be many qualities of the market we know today that will still be present, but there will be some differences. Without a doubt there are a number of firms that will have to adapt their business model. Potentially some of them are still working out what services they can add. What value can they bring and how are they going to charge for that? There...