Axa says RDR critics are 'navel-gazing'

CEO Mike Kellard says "too many" commentators have focused on challenging the merits of the Review and the potential ramifications of a Conservative government being elected. He points to Axa research suggesting 80% of UK consumers are not doing anything about managing their long-term investments, and says the RDR is giving providers and advisers the opportunity to "dramatically" reduce this figure. "I am concerned recent debate shows a distracted industry taking its eyes off the goal," Kellard says. "It is time to stop navel-gazing and think about the end consumer. Yes, the RDR is...