M&G's Watson: jury is out on restricted advice

Andrew Watson, who is also director of partnership sales at the asset manager, said there has not yet been a surge of interest in restricted offerings, despite major platforms ironing out their post-RDR pricing structures.    In recent months, a number of investment platforms, including Skandia and Hargreaves Lansdown, have outlined plans to enhance their restricted advice offerings. Skandia is set to launch its Select fund range, a panel of 23 funds from ten fund houses, this summer, while Hargreaves Lansdown is considering cutting its Wealth 150 list down to as few as 30 funds. M...