Solicitors and accountants 'still don't know' what RDR means - Prudential

Prudential came across solicitors and accountants who did not know about the new qualifications and removal of commission-based charging as recently as May this year, he said. Addressing advisers at a seminar organised by Prudential and SIFA, Colin Thomas said: "We did a similar session in May this year. There were eight chartered financial planners, eight solicitors and eight accountants in the room. And of the solicitors and accountants every single person did not know what the RDR meant." He explained he had probed his audience on the removal of commission-based charging and new mi...