Retail Distribution Review

/Retail Distribution Review

Is financial advice becoming elitist?

Significant changes in the financial services industry came into play at midnight on 31 December 2012.  These changes meant that financial advisors are now required to be much clearer in the detail of how their services are paid for.  The days of hidden commissions and surprise, unclear charging structures are now thankfully gone. What this [...]

Rising demand for financial advice

The Retail Distribution Review (RDR), which was published by the Financial Services Authority, came into effect on 31 December 2012.  A new attempt to make charging for financial advice more transparent, the review was met with fear and skepticism within the financial advisor circle at the same time as being recognised as a real attempt [...]

Retail Distribution Review: an opportunity or a threat for IFA’s?

The Retail Distribution Review (RDR) has its roots in aiming to give more clarity for individuals looking to invest. It also had the aim of raising the professional standards of financial advisors and removing what has, for some time, been considered a conflict of interest in how advisors are paid. The RDR is looking to [...]