RDR and recession don't go hand in hand

  • Story by: Sharon Flaherty
  • Magazine: FTAdviser
  • Published Tuesday , June 24, 2008

I can’t help but think the Retail Distribution Review (RDR) is just hitting the financial services industry at the wrong time.

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Right now advisers’ top priority is getting business though the door.

Of course there are some advisers who are doing fine, but then there are others who have relied heavily on mortgage business who are not so well.

Aside from the pull-back in the mortgage market and the continued arrival of news that property prices are dropping, there is something else playing on people’s minds.

And that brings me to the other ‘R’...

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