The vast majority of advisers intend to remain in the industry and offer independent advice after 2013, in a sign advisers have “accepted” RDR, research suggests.

The vast majority of advisers intend to remain in the industry and offer independent advice after 2013, in a sign advisers have “accepted” RDR, research suggests.

The findings would appear to downplay the theory RDR will lead to a mass exodus of advisers.

Furthermore, the three quarters (73.8%) of advisers said they will continue to offer full independent advice after RDR implementation, despite expectations large swathes of advisers will adopt a restricted advice model.

The study found just 14% plan on taking the restricted advice route with only 1.4% saying they will give tied advice.

CoreData Research head of UK and Europe Craig Phillips said the findings suggest advisers may not be in such short supply post-RDR as some have forecast.

“Advisers accept that RDR is here and is happening and now are focusing on getting on with moving forward,” he said.


Published: 26 March 2012
By Will Roberts
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