Adviser exodus fears exaggerated - report

According to research by business consultants NMG, and based on interviews with 140 individuals, a fifth of advisers who previously stated they had no intention of increasing their qualifications to the QCF level four minimum having now began their studies. The results, gathered between January and October this year, suggest 21% of advisers have made a positive transition towards the level four qualifications and becoming RDR-ready. During 2009, two thirds of those polled have taken positive action, of which 20% have switched from intending to study for RDR level qualifications t...