The Retail Distribution Review is a good start but still has some way to go before real improvements to the industry can be made says Neil Johnson
The Retail Distribution Review (RDR) has already generated huge speculation about what it might mean to the financial advice community, not all of it positive. The key point that advisers must bear in mind is that publication of these proposals is the beginning - not the end - of the debate. The RDR is a serious discussion paper and should be treated as such with ll those involved needing to take the time to fully understand its implications. The six-month consultation period allows plenty of time for the industry to have its say and we would urge all advisers to take this opportunity. W...
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