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

FCA opens targeted support authorisation gateway

FCA opens targeted support authorisation gateway

Firms can now apply for permission to provide targeted support

Isabel Baxter
clock 02 March 2026 • 2 min read
Nearly two million rely on unvetted influencers for financial advice

Nearly two million rely on unvetted influencers for financial advice

Around 7.7 million UK consumers have followed social media advice

Isabel Baxter
clock 02 March 2026 • 3 min read
Feel Good Friday: Continuum adviser to run London Marathon for hospice charity

Feel Good Friday: Continuum adviser to run London Marathon for hospice charity

Mike Jarrett will raise funds for St Peter’s Hospice

Professional Adviser
clock 27 February 2026 • 1 min read