Holding the middle ground: Which firms are winning the RDR battle?

There have been a number of gloomy reports detailing the fallout from the Retail Distribution Review (RDR) in recent months, including one released in July by the Financial Conduct Authority (FCA) registering a 9% drop in adviser numbers. Just last week a report commissioned by advice firm, Foster Denovo, found that 8% of those advisers still trading expect to cease over the next three years. In addition, some 43% said they think it will be difficult to maintain profitability over the next 12 months. In addition to these worrying - but, arguably, unsurprising - findings, 23% of firms ...