Time for greater clarity on RDR

None of us are in any doubt about that the scale of the changes that are filtering through the advisory sector due to the RDR and last week’s inaugural Commons debate served to highlight their impact further. Withdrawal of commission in favour of adviser charging, greater capital requirements and increased levels of professional qualifications are all consequences of the far reaching review – and issues that sparked fierce debate in Westminster. Yet in line with previous changes to the regulatory regime, the advisory community is very much on top of what needs to be done, what the broad ...