Over 40% of IFAs say RDR will have negative impact

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A new survey reveals 43% of advisers fear the RDR will have a negative impact on their business.

Marketing agency Teamspirit’s study of 200 advisers shows the RDR and wider regulation impacts are a major IFA concern in the next 12 months. However, the majority of advisers are behind the FSA's Treating Customers Fairly (TCF) initiative, with 63% thinking it will have a helpful influence on business. The study also reveals 70% intend to adopt the professional advisory model outlined in the RDR. Advisers are also bullish on the year ahead; with 58% predicting business to increase this year, despite the concerns facing the UK economy. Over half surveyed think retirement solutions an...

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