In the press...
There has been much debate in recent months amongst advisers surrounding the implementation of the Retail Distribution Review (RDR).
Most recently, MPs have called for those advisers in support of RDR to speak out, and speak out I have...
"Many of the 'vocal' IFAs are pro-RDR. I am one and what I seek is a fairer way of implementing it. Please will someone ram home the fact that the RDR as proposed will cut many thousands, if not millions, out of the advice loop, right into the hands of the banks.
Yes, the RDR is good news but, for the sake of sanity, water it down and deliver it over time. Let it grow to become the best pieve of new business that IFAs have ever had."
You can read the full article which promted my response at money marketing
Fraser Brydon - Money Matters