On a recent road trip, Shaun Sandiford, business development director at Axa Wealth, asked advisers how they would change their business if RDR didn't exist.
I have been across the country again this week, meeting some really interesting people. They are all business owners in a dynamic and changing industry, and they all want the best for their clients, many of whom are now friends. There was plenty of talk about the retail distribution review (RDR) and its implications for their futures. Fear is not the correct adjective to describe the general feeling, but the mood reminds me of my undergraduate days: “I’m going to pass but I hope it’s a 2:1 and not a 3rd.” Most of these business owners will be around beyond RDR if they choose and the r...
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