RDR

A NEW DAWN?

Fund group CEOs have blamed the impact of the Retail Distribution Review (RDR) for a sharp divergence between UK fund sales and those elsewhere in the world at the start of 2013.

Aviva is to stop offering direct investment and protection advice for its customers from 31 May.

Restricted adviser St James's Place is set to capitalise on a number of high-profile exits from the advice market by high-street banks.

A wide ranging survey of more than three hundred wealth managers and advisers suggests the industry is being forced to re-examine its value proposition in light of the implementation of the Retail Distribution Review (RDR).

More than a quarter of advisers say their experiences in the period leading up to rule changes introduced following the Retail Distribution Review (RDR) were "the toughest of their lives", a new report suggests.

Skandia has launched a critical illness (CI) product as many advisers "re-prioritise" protection following changes to retail investment advice made after the Retail Distribution Review (RDR).

Adviser firm Positive Solutions has linked up with LifeQuote aiming to support advisers post-Retail Distribution Review (RDR).

ORPHAN

Product providers are split on whether RDR is having a positive effect on their business according to research from Dunstan Thomas.