The Retail Distribution Review (RDR) is a crossroads for financial services and self-interest must not be allowed to overshadow its aims, Standard Life boss Paul Matthews has said.
Speaking at the Association of British Insurers (ABI) RRDR conference today, Matthews told delegates the industry had a once in a lifetime change to reshape itself. "At its best financial advice delivers something that is very much in short supply - confidence and optimism for the future. "Advisers and providers need to work harder than ever to deliver this, but arguably we've never been in a better position to deliver it with better technology, professional standards and transparency set against the recognition that borrowing more can never be the answer. "I see the changes being ...
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