Aviva says platforms face "hell of a job" getting RDR ready

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Aviva said it is waiting with "bated breath" for publication of the platform policy paper - something it says could have a "fundamental impact" on how players operate.

Speaking at a Capita Financial Software briefing in London this week, Aviva senior marketing manager Phil Ralli said the paper's latest delay to Q3 means platforms face the daunting prospect of having just 15 months to implement what could be significant changes to systems. "Some of these changes could be fundamental - platforms now face one hell of a job to get ready, it could be some task," he said. "We are still assuming implementation of final rules will coincide with RDR - if that happens, platform will have 15 months to implement changes." Besides certain positives to come ou...

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