More than two fifths (41%) of advisers believe that one of the main challenges to their preparedness for the Retail Distribution Review (RDR) is communicating the changes to clients, according to research released today.
Research from the Association of Professional Financial Advisers (APFA), conducted by financial services consulting firm, NMG Consulting, is the latest in a series of surveys that attempt to ascertain adviser readiness for, and attitude towards, RDR. The research found 41% believed communicating RDR changes to clients presented one of the main challenges to their preparedness. It also found that 30% believed one of the main challenges was putting in place an adviser charging structure. Some 42% of advisers questioned believed their firm was already RDR ready - up 11% since March th...
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