Third of advisers still not RDR-ready, says Aviva

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A third of advisers are still not qualified for the Retail Distribution Review (RDR), which comes into force in eight weeks, according to Aviva.

A poll of 270 advisers by the life and pensions company found 34% were still yet to attain their QCF4 level 4 qualification, required from 1 January 2013. A further 18% expected to do so before the end of the year, leading to concerns some may miss the deadline to qualify. However, intermediary directory Andy Beswick said a number of other factors - including that 10% were already qualified to chartered status - was a positive sign for the industry. "As the RDR deadline looms ever closer, it is really positive to see advisers going beyond the minimal requirements for RDR and raisin...

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