Real RDR deadline is 31 Dec 2011, says threesixty

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IFAs have been told they must make significant changes to their businesses over the next 12 months if they want to be prepared for RDR.

While RDR implementation may be almost two years away, David Ingram, technical director at services provider threesixty, insists businesses need to develop their propositions this year. He says: "We're billing 2011 as the year of change and trying to get as many firms as we possibly can to buy into that. "In all honesty, if firms haven't at least started the change to post-RDR models by the end of this year then they are not going to make it." He adds firms will have to go beyond simply meeting RDR requirements in order to prosper post-implementation. Ingram says: "This really i...

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