RDR prep: Is your firm an eagle or an ostrich?

The zoological-inspired chart below has been put together by consultants Remus and software provider Distribution Technology.      Characteristics  Examples Eagle Rare breed with tremendous acuity of vision Likely to be ready for RDR or well on the way Well-qualified and predominantly fee-based. Ostrich Head in the sand Hoping RDR will be delayed or go away Typically smaller adviser firms who have been opposed to RDR from the start Albatross Large and endangered species Historically reliant on IFAs for distribution, uncertain what consumers want or how to ...