Question: What impact will the retail distribution review have on the adviser community?

Nick Bladen is head of pensions marketing at Skandia It is encouraging that the retail distribution review (RDR) has recognised that looking at the issue of remuneration from the point of commission versus fees is not necessarily coming from the right starting point. Ultimately what is important is the quality of service and advice provided by financial advisers to their clients. In our experience, healthy discussions around the nature and cost of advice between advisers and clients are already taking place. Figures from our latest range of pensions show that 69% of advisers that are remun...