Advisers confident for RDR but concerned by profits

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IFAs are positive about post- RDR developments but uneasy about the bottom line, an Aviva survey has revealed.

The Adviser Barometer found the majority of respondents (89%) expect to remain in business beyond the review's deadline of 1 January 2013. Only 4% anticipate leaving the market. Director of distribution development at Aviva, Dean Lamble attributed confidence to, "the rules [which] have mostly landed" providing clarity. According to the research 69% of advisers are making changes to their business models in preparation for RDR. For instance 67% are segmenting their client base while 47% are increasing investment in their business. Over one third (36%) are looking to recruit more advisers....

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