Advisers eye execution-only offerings despite FCA scrutiny

Half of advisers have considering launching an execution-only proposition following the introduction of the Retail Distribution Review (RDR), according to a recent poll, despite regulatory scrutiny of the market.

A poll of almost 50 advisers by Adviser Home, the adviser business development portal, found that 52% have considered an execution-only offering as a result of the RDR. This data shows a further increase from research conducted by Cofunds in July, which suggested a third of advisers were now offering, or are considering expanding, their self-directed services. Adviser Home director Andy Kirby said: "The RDR will undoubtedly have left some clients, who may have previously thought advice was free under the commission model, unwilling to pay for it. "Equally there are likely to be adv...