AIFA: Quarter of firms may miss RDR deadline

The poll of 300 advisers conducted on behalf of AIFA found 75% had "reviewed their business model and believed their firm was either already RDR ready or would be before the end of year deadline." However, 12% had reviewed their business model but were not in a position to implement the changes, with 7% yet to review their business model. Some 6% "did not know their firm's level of preparedness." Chris Hannant, policy director at AIFA, said: "We appreciate the significant challenges facing the IFA profession, so it's good to see that so many firms are taking steps to build robust RDR ...