Worst ravages of RDR over as advisers in 'survival mode' halve

A markedly-smaller number than last year - 19%, down from 41% - said they were focusing simply on ‘ensuring their firm is making enough income via fees to replace commission income streams', according to research by technology company Dunstan Thomas. The firm's managing director Natanje Holt said: "It's clear that the worst effects of RDR have been felt and, although many predict further falls in adviser numbers, those that are left look set to see rising demands for their services." The findings, from a poll of over 100 advisers, suggest most have learnt to operate successfully in th...