Quarter of firms yet to begin RDR assessment - AIFA

According to the study, only three out of four firms have assessed their business against the proposals or intend to do so soon. Only one in 10 said they were already RDR compliant when the new proposals were published, the NMG-conducted study found, while one in eight (12%) say they do not intend to go through this process at all. Of those who have reviewed or are undertaking a review of their business, over a third (35%) intend to make greater use of web-based platforms and advice programmes to get through transition. Just under a third (31%) will choose to go it alone and use o...