'Do not ignore less emotive RDR proposals' - Aegon

McGee says firms should not be preoccupied by criticising individual proposals but should look at the whole picture and the industry should focus on what it wants to achieve from the review. Commenting, McGee says: "The RDR discussion paper represents one possible route to one possible destination. But it’s up to all of us to work out how we want our industry to look in five to ten years and decide how best to get there.” McGee says many proposals in the paper are not being discussed because certain ideas, such as changes to the meaning of independence or debates over whether fees are b...