'Could do better': An RDR end of year two report card

Given the pace of change in the past two years the mad scramble for both advisers and product providers to get ready for the Retail Distribution Review (RDR) now seems something of a distant memory. Rather than signalling the end of a process toward something closer to a fee-based advice world, the introduction of the RDR has proved to be merely the starting point for a rather longer journey. Some of the market dislocation that has occurred since January 2013 was perhaps predictable. It is well documented that adviser numbers fell in the run-up to the RDR, with some individuals cho...