Loud and proud: Why restricted advisers will shout about specialism post RDR

While the FSA’s stated objectives have remained constant, much noise continues to be made about what the practical implications of the retail distribution will be (RDR). The big question is not really about whether or not RDR will come in on schedule or even getting the right qualifications to be seen as professional; it is what types of business will be commercially viable in the long term? A focus lately has been on independent versus restricted or the possibility of being both (albeit marketing the whole as restricted). While “independent” may be the gold standard, many clients do not...