Otto Thoresen brands RDR 'too complex'

The Aegon UK chief executive and author of The Thoresen Review, says trying to remedy the financial advice industry’s problems in one go is like “trying to play chess with gloves on”. Speaking at the Protection Review Dinner in London last night, Thoresen also said product innovation and sound financial advice are going to be needed more than ever in an uncertain economic future, and called on advisers to target younger clients. “I still feel the way we are trying to deal with it is too complex,” he said of the RDR. “We’re trying to do too many things at once. “Originally we were look...