RDR will give advisers 'control' over their finances

A range of focus group discussions conducted by Ascentric revealed advisers think the RDR will have a positive impact by breaking the link between product and remuneration, creating a business which earns revenue from provision of service instead. Ascentric says this change will allow adviser firms to regain control over all elements of the value chain in their business. Clinton Askew, of Citywide Financial Partners, ran the discussion groups and says: "The RDR represents a game change for the industry and I wanted to use the groups as an opportunity to help firms gain a commercial ad...