Providers defend efforts to warn Govt and public on RDR

clock

Product providers have defended themselves against accusations of failing to bring enough public and political attention to the impact the RDR will have on advisers.

During a Q&A session at the Sesame Symposium in London, a number of senior figures within the industry insisted they had been working behind the scenes to highlight RDR issues. Simon Massey, intermediaries director at Scottish Widows, said: "You probably don't realise how much is going on behind the scenes and often playing these things out in the public domain won't get the same result as if you can actually influence and talk to the powers behind the scenes. "So it may appear that we are just rolling along with it but I can assure you from my perspective, and I suspect the same is t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'No major shift' in adviser platform priorities despite Consumer Duty

'No major shift' in adviser platform priorities despite Consumer Duty

Research finds regulation has ‘reinforced’ not changed behaviour

Sahar Nazir
clock 28 May 2025 • 2 min read
Gen Z consider advisers 'most important source' despite finfluencer popularity

Gen Z consider advisers 'most important source' despite finfluencer popularity

71% of them now turning to social media and finfluencers

Sahar Nazir
clock 28 May 2025 • 2 min read
Female clients steer towards equities as the non-advised stick to cash

Female clients steer towards equities as the non-advised stick to cash

Advice improves willingness to take risk, M&G finds

Isabel Baxter
clock 28 May 2025 • 2 min read