Data collection: all you need to know

As the countdown to the RDR draws to a close, those investment firms impacted are now making generally positive noises as to their preparation for the new regime. Those I speak to are often cautiously optimistic that they have addressed the wide-ranging regulatory challenges associated with the RDR’s most obvious areas of focus: adviser charging; independent versus restricted advice; and professionalism. It goes without saying all of these areas have required a significant amount of time to work through the issues, determine how they impact individual business models and to plan and i...