Will Roberts examines the main points of contention and asks if platforms will have enough time to adapt to the new rules before the RDR deadline at the end of 2012?
As the IFA industry hurtles towards the 2013 finishing line, the RDR promised land comes into ever-sharper focus. But the platform community – a major feature of this brave new world – is less well defined, hiding behind a mist of regulatory uncertainty. It is hard to overstate the importance of platforms. Not only are they intrinsically bound with the RDR, spearheading the regulator’s relentless drive to a transparent market, but they are now an essential component of an adviser’s business. Indeed, it is difficult to see how an IFA firm could function effectively without one. “I cann...
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