Advisers fear regulatory hit on post-RDR investment decisions

Only half of advisers (52%) say they feel very confident about their knowledge of investment products, pointing to a large number who are unsure of their abilities. Possible regulatory action is a key catalyst for concern, with nearly six out of 10 advisers anxious about changes to the rules over asset allocation and fund selection decisions. More than a third (39%) of advisers worry they could face problems justifying decisions post-RDR, while another 19% are concerned but have plans in place to deal with potential regulatory issues. With advisers currently spending around five ho...