RDR spells end for 8% of advisers

Eight per cent of financial advisers expect to cease trading in the next three years as a result of the RDR, a poll by Foster Denovo has revealed.

Foster Denovo conducted a study of 100 advisers during August, and found that while 45 per cent think their business may contract or remain the same size for the foreseeable future, one-third have seen profit increases.

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