Over 40% of IFAs say RDR will have negative impact

clock

A new survey reveals 43% of advisers fear the RDR will have a negative impact on their business.

Marketing agency Teamspirit’s study of 200 advisers shows the RDR and wider regulation impacts are a major IFA concern in the next 12 months. However, the majority of advisers are behind the FSA's Treating Customers Fairly (TCF) initiative, with 63% thinking it will have a helpful influence on business. The study also reveals 70% intend to adopt the professional advisory model outlined in the RDR. Advisers are also bullish on the year ahead; with 58% predicting business to increase this year, despite the concerns facing the UK economy. Over half surveyed think retirement solution...

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 Your profession

Pension sharing on divorce: Why professionals need to step up on PSOs 25 years on

Pension sharing on divorce: Why professionals need to step up on PSOs 25 years on

'Pensions still remain the most routinely overlooked asset in divorce'

Joanna Newton
clock 10 December 2025 • 4 min read
FCA plans to ensure liquidity mismatches do not 'threaten financial stability'

FCA plans to ensure liquidity mismatches do not 'threaten financial stability'

Although good practice exists

Alex Sebastian
clock 09 December 2025 • 2 min read
Bridging the gulf between education and pursuing a career in advice

Bridging the gulf between education and pursuing a career in advice

'There's a pressing need for fresh infusions of young talent into the advice sector'

Steve Nelson
clock 09 December 2025 • 4 min read