Reject bank-biased RDR

July 2009
Money Marketing;7/16/2009, p42
In this article the author discusses the effects of the retail distribution review (RDR) that has been destroyed by its timing in Great Britain. He argues on the idea that the independent financial adviser (IFA) sector should move and focus solely on the high-net-worth market is a worn-out belief due to the financial devastating effects of the recession. The author pushes for the rejection of the RDR due to its bias in favor of the banking sector.


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