Panacea: hold architects of RDR to account

Last week, IFAonline's sister title Investment Week revealed Peter Smith, the regulator's head of investments, was to leave for a similar position in Dubai. "Departures such as this are no longer surprising, but in this case, surely alarm bells should be ringing in Westminster as so many key RDR figures are beating a hasty retreat," said Derek Bradley. "If the RDR goes well, which we all hope for, then our collective concern will have been for nothing. However, if it goes badly? Well, as Peter Smith is on record as saying ‘we'll have to think of something else'." Bradley said he ha...