RDR is failing to provide advice for all - Peter Mann

Mann, who last month was appointed a non-executive board director at Momentum Global Investment Management, called on the financial planning sector to rethink its current regulatory framework to make advice more relevant to everyone and "not just people who have money".  Speaking at a Momentum UK financial wellness roundtable, Mann said: "Lessons could be learnt from South Africa, which has two separate frameworks to suit the wealthy and non-wealthy." Research from Momentum UK's latest financial wellness index suggested a large portion of the UK would struggle to meet the current cost...