How providers can reduce threats to adviser relationships post-RDR

RDR

A profound shift within the IFA community poses a major threat to the UK's asset managers over the next five years.

Most are either unaware or complacent about the challenge to their asset base. Radical changes are needed to safeguard existing assets and plan strategies for growth. As with much of the upheaval in the industry, the catalyst is the Retail Distribution Review (RDR), and it is hard to overstate the related change among IFAs over the past 12 months. Historically, many advisers were insistent – and often quite militant – about retaining their independent status. Yet with RDR now imminent, more and more IFAs are seeing the advantages of becoming restricted. This shift has been driven b...