Sense: 'grave concerns' around provider readiness for RDR

Tim Newman, managing director of the Cheshire-based business, said he is concerned a number of providers have yet to release details on their RDR-readiness less than three months before the new regulations come into force. "We are still waiting for information on the process of transitioning from trail to adviser charging, and the products that will be available for new business post RDR. "I have grave concerns about their readiness. The question is not whether there will be a car crash, but how big the car crash is going to be," he said.  "As a company, we are well prepared for RD...