RDR architect Geale says new challenge is matching right advisers with savers

Geale (pictured) said the regulator's research following the Retail Distribution Review (RDR) showed around one third of advisers were prepared to deal with people with less than £20,000 to invest, and around double that were prepared to engage people with between £20,000 and £75,000 to invest. The challenge is how to match people with the relevant advisers and finding new ways to communicate with people, he said. Geale's remarks came before the publication of a discussion paper by the FCA on 25 June, suggesting adviser firms adopt simple labels similar to those used by the US Environ...