The level of apathy among advisers for the implications of the Retail Distribution Review (RDR) is "considerable", a study suggests.
According to a survey of 453 advisers carried out by technology firm Assureweb, 32% of respondents say they are ‘unconcerned’ about the impact the RDR will have on their businesses. However, the FSA's decision earlier this year to bring forward its interim report on the review, which it says was as a result of extensive IFA feedback, seems to contradict the survey's conclusions. Only 17% of advisers say they are ‘very concerned’ about the implications of the review, the study found, while one in ten claim they are unsure how their business will be affected. On separate questions on advis...
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