Platform pricing remains more frosty than transparent, particularly when it comes to some pensions, warns Terry Huddart of Nucleus...
So, here we are in the future. After several years of conjecture, debate and hard work, the Retail Distribution Review (RDR) is a reality. Some will feel more immediately affected than others and, for advisory firms, the level of impact will vary considerably depending on what their business model was previously. Various stats have already been published. For example, 98% of Tenet advisers will be staying independent, 10% of advisers will apparently leave the industry, or 43 million people will be pushed into the advice gap. These early figures are interesting but I think it is going ...
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