The number of IFAs who plan to leave the industry ahead of the RDR has fallen to a two and a half year low, research from Aviva suggests.
Just 7% now plan to stop trading, compared to 10% in December 2010 and 36% in January 2009, according to a poll of 230 advisers by the insurer. Aviva's research also suggests advice firms are well underway in getting their businesses ready for RDR. More than two-thirds of advisers (69%) are changing their business models, with three-quarters (74%) introducing different service levels for different types of client. Independent also looks to remain the standard bearer for the industry, as more firms (71%) plan to offer independent advice, up from 65% in December 2010, with fewer firm...
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