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Advisers on track to be RDR-ready
A majority of financial advisers are now compliant with the forthcoming Retail Distribution Review regulations coming into force in January, a survey out yesterday said. Insurer Aviva found two-thirds of advisers had already achieved qualifications to make them RDR compliant. A further 46 per cent said that they would also obtain qualifications beyond statutory requirements. Intermediary director at Aviva, Andy Beswick, said: “It is really positive to see advisers going beyond the minimal requirements for RDR and raising the bar for industry standards.” The survey polled 270 advisers and found that remaining profitable was the key concern among advisers over RDR.