RDR 'a threat' but offers huge opportunities - Axa Wealth

Speaking at the Marketforce and IEA's 5th annual conference yesterday, CEO Mike Kellard expressed sympathy for those IFAs believing RDR could take independent financial advice backwards and said in isolation the review did appear to be a threat. However, he believes there are huge opportunities for those who accept RDR as largely an immovable object, view it more holistically and adapt their business models to navigate around it. "If we keep doing the same thing, in the same way but then expect things to be different, we will fail," said Kellard. Improved investment capability, tra...