RDR survey finds majority of IFAs intend to study for more qualifications

clock

73pc of IFAs intend to bolster their professional status in light of the RDR, according to a survey by financial data collection and research company Defaqto.

In its Retirement Savings & Income Report 2008, Defaqto asked 501 IFAs whether their practice was planning to enhance the professional qualifications of its advisers in the next 12 months. Matt Ward, group principal consultant - pensions and wealth management, commented: "The RDR is designed to take our industry forward and it is very encouraging to see IFAs reacting to the roadmap in a positive fashion with practices seeking to improve the professionalism of their advisers. "Consumers will want to feel comfortable that in approaching a financial adviser for planning assistance they ar...

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

PA Asks: Should more be done to prevent Autumn Budget leaks?

PA Asks: Should more be done to prevent Autumn Budget leaks?

Plus, your business' cybersecurity measures

Professional Adviser
clock 22 October 2025 • 1 min read
Greg Moss: 'FIRE isn't anti-advice'

Greg Moss: 'FIRE isn't anti-advice'

Is ‘Financial Independence, Retire Early' the key to winning younger clients?

Sahar Nazir
clock 21 October 2025 • 5 min read
Advisers risk losing next-generation clients as 'engagement gaps' emerge

Advisers risk losing next-generation clients as 'engagement gaps' emerge

Survey finds investors value emotional reassurance and family engagement

Sahar Nazir
clock 21 October 2025 • 2 min read