Workplace saving could grow following RDR

clock

A third of employees would be willing to pay for an in-house financial adviser provided by their employer, according to Deloitte.

Its research indicated that workplace saving could become a growing market and help to close the UK's financial gap following the commencement of Retail Distribution Review. This contrasted with the results predicting up to 5.5 million people will reject paying a fee for financial advice following the introduction of the RDR. The findings showed that a significant proportion of employees were open to the idea of financial advice sourced by their employer, with 18% saying they would use more financial planning services through their workplace if it were offered by their employer - or a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on RDR

RDR ten years on: An advice industry changed for the better
RDR

RDR ten years on: An advice industry changed for the better

'The end of the advice industry as we know it'

Kevin Silvester
clock 08 February 2023 • 2 min read
RDR

Deja vu: Are we heading back to the future on commission?

Marty, fire up the DeLorean

Tim Sargisson
clock 13 January 2016 • 3 min read
RDR

Blog: How can we shrink the advice gap?

The advice gap has been a popular topic since the Retail Distribution Review, but hasn't this gap always existed?

clock 02 November 2015 •