Why the RDR will work for IFAs

When the first paper was published I felt that all we were seeing was the team at Canary Wharf seeking to place a regulatory framework around a series of market changes that were already occurring. Although some of the detail has now changed I stand by my original assessment and, market issues notwithstanding, I don't see any reason why high quality IFAs cannot have an excellent and prosperous future within the new regulatory proposals. One area that I feel the regulator has gone further than we at Nucleus anticipated they would (or could) is in clearly signalling their desire to break ...