The Retail Distribution Review (RDR) is benefiting adviser businesses in both, profitability and the value of their advice, provider Aegon has claimed.
Aegon business consultancy manager John Joe McGinley said changes to the industry following the RDR were starting to show its benefits to adviser businesses and their clients in a number of ways. He wrote in a blog post recently: "Yes RDR is not perfect, and we may see changes over the next few months. But apart from vision, segmentation, clear propositions and a focus on profit, have you ever thought what has RDR ever done for us? "Many businesses are now standing back and have a clarity of thought around the future direction of their business", he said. He said that more and more...
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