Each month we ask leading industry figures to answer one big question...
What impact will the Retail Distribution Review (RDR) have on the retirement advice market? Claire Brooks is pensions technical manager at Suffolk Life For those used to using bespoke SIPPs, the advice model may not be too different following the RDR. Customer-agreed remuneration and clear clean charging is not unusual in this space. The issues will arise for those used to using personal pensions with bundled charging and built-in commission. SIPP providers, even if they are offering more basic products in the new world, are more likely to have all the systems in place to report and...
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