Lincoln calls for sales and advice RDR distinction

Lincoln said that the model outlined in the RDR, which comprises Professional Financial Planners and General Financial Advisers, alongside Primary Advice and Generic Advice roles, as recommended by the Thoresen Review, would be confusing for the consumer. Ian Noble, head of life sales and development at Lincoln, said: "The majority of financial advisers already perform a valuable role in ensuring that consumers receive advice appropriate to their circumstances. "We believe there are areas that require closer attention and consideration if the RDR is going to meet its objectives of creat...