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

When the Retail Distribution Review (RDR) came into effect ten years ago, it was described by some advisers as "the end of the industry as we know it". This rather sensationalist statement has, in many respects, proven to be correct - but perhaps not in the way it was intended. While the advice industry has changed markedly over the past decade, most of us would agree that it has changed for the better. And not just for the end client, but for advisers too. What many advisers perhaps didn't foresee was the extent to which RDR would boost the reputation of the financial advice indus...