RDR: why it's all about the money

It seems that a growing number of industry commentators believe the implementation of the Retail Distribution Review (RDR) is likely to result in downward pressure on pricing throughout ‘the value chain’. The transparency demanded by the regulator in separating the disclosure of fees levied for investment management, administration, advice and distribution brings with it a greater level of public awareness of the total cost of investing money.  Importantly, it reveals how that cost is distributed amongst the various parties involved in the ‘value chain’. This may include profession...