Half of advisers mulling restricted status post-RDR

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Almost a half of IFAs would consider becoming restricted post-RDR under existing FSA definitions, according to new research.

A survey of 202 threesixty members found 48% would give consider losing their ‘independent tag' in order to continue to provide their current range of services. David Ingram, technical director at threesixty, says: "Our view is that there will be an enormous proportion of IFAs that will want to continue with the ‘business as usual' model. "I think it is a great shame the FSA has put them in a position where to do that they are going to lose the brand they have built up over the years as IFAs." He also highlights the role PI cover could play in advisers' decision making process abou...

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