Third of IFAs predict RDR delays

Of 600 advisers surveyed, just over a third (36%) expect the RDR to be pushed back beyond 31 December 2012, whilst 60% expect it to be delivered on time. The findings reflect widespread industry concerns the FSA faces a race against time to achieve RDR implementation by the end of 2012. The platform consultation paper has already been delayed owing to intense lobbying by the supermarkets. Furthermore, IFAs have concerns the regulatory overhaul will shrink the size of the adviser market, with four-fifths expecting the number of firms to fall 25% once regulations are in place. A furth...