Fewer staff, closed departments and adviser charging variations are just some of the problems facing advisers when dealing with providers in the post-RDR environment…
Everyone was supposed to be ready by now. Whether provider, adviser or support service, firms’ post-Retail Distribution Review (RDR) propositions were supposed to be in full working motion, with only minor hiccups interrupting the calm. Yet, according to several advisers, delays and mismanagement seem to be worse than they were before RDR. The reasons are manifold and include fewer staff, reported difficulties with legacy systems and a myriad of options for paying the adviser charge. How are advisers managing these issues? Ruth Whitehead, principal, Ruth Whitehead Associates “I ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
