You have nothing to fear from the Retail Distribution Review proposals. I promise.
I can say this as someone who has been a part of a small IFA firm spending the past four years positioning ourselves ready for these changes. Without wishing to sound smug; what was proposed in the recently published Feedback Statement is nearly a carbon copy of our own business proposition and processes. Yes, we have a few changes to still incorporate, but largely we are 'RDR-ready', and I'm sure we are not the only business in this comfortable position ahead of the implementation of the proposals. Looking at the various aspects of the RDR (or RDIP as it is now called) in turn, here ...
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