Provider payment problems could delay RDR - Lighthouse

Between advisers and customers, remuneration changes are on course to be in place by 1 Jan 2013, says Hickey. But the extensive adjustments providers still need to make to absorb the new adviser charging model could end up delaying the whole RDR implementation, he warns.  "Providers and life companies are saying it is going to be really tough to make the changes. If the providers cannot be ready by 2012 it will slow the whole RDR process," Hickey says. Some companies admit they still have extensive work to do in order to meet the deadline, but they are hampered as further details a...