RDR the 'next financial scandal waiting to happen'

Earlier today, the regulator issued a six-page leaflet on the RDR, explaining the changes and emphasising the fact that, with commission, advice has never been free. However, SCM co-founder Gina Miller, who heads the True and Fair Campaign, is still predicting a large-scale exodus of away from financial advice, with consumers expected to be left disenfranchised. "The RDR is the next financial scandal waiting to happen," she said. "Millions of people risk being further alienated by the financial services sector at a time when more should be done to engage with potential savers and inve...