Number of IFAs 'fully prepared' for RDR rises to a third

Defaqto's survey of 500 IFAs identified a general trend of increasing RDR-readiness, with 33% of advisers feeling they are "fully prepared" for the review - a jump from 21% in 2009. "The next two years are going to be extremely challenging for IFAs as they seek to prepare for the RDR, and there has been a great deal of speculation about how it will affect the size and shape of the adviser community," says Defaqto's wealth management consultant Matthew Ward. "However, our findings show very encouraging signs advisers are stepping up their preparations for 2013," The survey highlight...