Nick Cann: advisers have 'finally accepted reality' of RDR

Nicola Brittain
clock

After a lot of wasted time talking about exams and regulation there is finally an "acceptance of reality" by advisers regarding the Retail Distribution Review (RDR), Nick Cann has said.

Speaking during webinar, The hard work begins now - Delivering the advice proposition in 2013 and beyond, Cann, president of the Institute of Financial Planning (IFP), outlined his projected priorities for advisers post-RDR. Cann said: "Advisers will either see themselves as on the edge of an abyss or presented with a strong opportunity. Either way there is finally an acceptance of reality. "Advisers have started experimenting with their fees structure and proposition. They are working out their philosophy on investment, and defining the roles within an organisation. Another essential...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on RDR

RDR ten years on: An advice industry changed for the better
RDR

RDR ten years on: An advice industry changed for the better

'The end of the advice industry as we know it'

Kevin Silvester
clock 08 February 2023 • 2 min read
RDR

Deja vu: Are we heading back to the future on commission?

Marty, fire up the DeLorean

Tim Sargisson
clock 13 January 2016 • 3 min read
RDR

Blog: How can we shrink the advice gap?

The advice gap has been a popular topic since the Retail Distribution Review, but hasn't this gap always existed?

clock 02 November 2015 •