In Focus: 10 years of RDR

The end of this year marks the tenth anniversary of the beginning of a new era for advisers. On December 31, 2012 the Retail Distribution Review took effect, forever changing how retail investment products are sold and advisers do business. So, 10 years on, how has the industry fared? Has the legislation achieved what it set out to achieve? What has changed for the better, what for the worse? This hub explores the first 10 years of RDR.

In Focus: 10 years of RDR

'Horrible time' and 'best thing': Advisers share their experiences with the RDR

'Horrible time' and 'best thing': Advisers share their experiences with the RDR

In Focus: 10 years of RDR

The RDR was revolutionary, but 10 years on it’s time for a rethink

Steven Cameron

Steven Cameron

In Focus: 10 years of RDR

FCA admits simplified advice likely to interest larger financial firms

FCA admits simplified advice likely to interest larger financial firms

In Focus: 10 years of RDR

'We need an intervention that solves the problem customers tell us they've got'

'We need an intervention that solves the problem customers tell us they've got'

In Focus: 10 years of RDR

'Regulation has shifted and consumer duty is evidence of that'

'Regulation has shifted and consumer duty is evidence of that'

In Focus: 10 years of RDR

Nearly half of firms approached by consolidator in just one month

Nearly half of firms approached by consolidator in just one month

In Focus: 10 years of RDR

IFAs anticipate lower turnover in 2023 but optimism remains

IFAs anticipate lower turnover in 2023 but optimism remains

In Focus: 10 years of RDR

FCA launches review into retirement income advice

FCA launches review into retirement income advice

In Focus: 10 years of RDR

Consumer duty: FCA provides clarity on products and services outcome

Consumer duty: FCA provides clarity on products and services outcome

In Focus: 10 years of RDR

Financial planners need to drop their false sense of inferiority

Paul Hamilton

Paul Hamilton

In Focus: 10 years of RDR

SJP: 'We are very comfortable with our approach to charging'

In Focus: 10 years of RDR

Understanding post-RDR charges is 'incredibly tough'

Understanding post-RDR charges is 'incredibly tough'

In Focus: 10 years of RDR

Independent advice model 'increasingly important'

Independent advice model 'increasingly important'

In Focus: 10 years of RDR

Clients not to blame for advice gap, the industry is

Clients not to blame for advice gap, the industry is

In Focus: 10 years of RDR

Advisers see clients question fees amid inflation pressure

Advisers see clients question fees amid inflation pressure

In Focus: 10 years of RDR

Consumer duty 'powerful new way to hold firms to account’

Consumer duty 'powerful new way to hold firms to account’

In Focus: 10 years of RDR

'Clients do not mind if an adviser is restricted or independent'

In Focus: 10 years of RDR

FCA finds biggest number of innovators in retail and investment sectors

FCA finds biggest number of innovators in retail and investment sectors

In Focus: 10 years of RDR

How investing has changed in 10 years of RDR

How investing has changed in 10 years of RDR

In Focus: 10 years of RDR

RDR ended my career, but it was the best thing that ever happened to me

Wesley Wilkes

Wesley Wilkes

In Focus: 10 years of RDR

Consumer duty 'at its heart is a culture shift'

Consumer duty 'at its heart is a culture shift'

In Focus: 10 years of RDR

Former editor Hal Austin: 'Chance to professionalise advice was missed'

Former editor Hal Austin: 'Chance to professionalise advice was missed'

In Focus: 10 years of RDR

Fines issued by the FCA more than doubled in 2022

Fines issued by the FCA more than doubled in 2022

In Focus: 10 years of RDR

The real impact of RDR is empowerment, not professionalism

Simon Harrington

Simon Harrington

In Focus: 10 years of RDR

'Platforms have lacked innovation since pension freedoms'

'Platforms have lacked innovation since pension freedoms'

In Focus: 10 years of RDR

Financial resilience has been 'pushed to the limit'

Financial resilience has been 'pushed to the limit'

In Focus: 10 years of RDR

Ahead of 'RDR 2.0' we see a picture of growth by any means

Jonathan Sandell

Jonathan Sandell

In Focus: 10 years of RDR

Investors must innovate to stay ahead of FCA’s SDR proposal

Investors must innovate to stay ahead of FCA’s SDR proposal

In Focus: 10 years of RDR

What is the legacy of the RDR 10 years on?

What is the legacy of the RDR 10 years on?

In Focus: 10 years of RDR

Advice consolidation to ramp up in 2023

Advice consolidation to ramp up in 2023

In Focus: 10 years of RDR

Consumer duty tops the list of things IFAs must get right in 2023

Consumer duty tops the list of things IFAs must get right in 2023

In Focus: 10 years of RDR

Ken Davy: FSCS funding needs 'real reform' in 2023

Ken Davy: FSCS funding needs 'real reform' in 2023

In Focus: 10 years of RDR

Succession planning is not just an academic exercise

Antony Champion

Antony Champion

In Focus: 10 years of RDR

'There's no question there has been a rise in the quality of the profession'

'There's no question there has been a rise in the quality of the profession'

In Focus: 10 years of RDR

Ten years on: Has RDR been a success?

Ten years on: Has RDR been a success?

In Focus: 10 years of RDR

Challenge for advisers will be proving consumer duty compliance

Challenge for advisers will be proving consumer duty compliance

In Focus: 10 years of RDR

Treasury reforms could hamper FCA’s agility, says new chair

Treasury reforms could hamper FCA’s agility, says new chair

In Focus: 10 years of RDR

Treasury committee approves FCA chair despite 'inexperience'

Treasury committee approves FCA chair despite 'inexperience'

In Focus: 10 years of RDR

Users encouraged to seek financial advice by AI chatbot

Users encouraged to seek financial advice by AI chatbot

In Focus: 10 years of RDR

FCA ‘remains open’ to reducing FSCS protection for advice

FCA ‘remains open’ to reducing FSCS protection for advice

In Focus: 10 years of RDR

How RDR has shaped the consumer duty

How RDR has shaped the consumer duty

In Focus: 10 years of RDR

FCA to consider higher compensation limits for pension claims

FCA to consider higher compensation limits for pension claims

In Focus: 10 years of RDR

'We are slowly moving from an industry to a profession'

In Focus: 10 years of RDR

Some advice firms were worth a lot more a few years ago

Steve Hagues

In Focus: 10 years of RDR

Treasury adds ‘economic growth’ to proposed FCA duties

Treasury adds ‘economic growth’ to proposed FCA duties

In Focus: 10 years of RDR

Industry welcomes personalised guidance amendment to bill

Industry welcomes personalised guidance amendment to bill

In Focus: 10 years of RDR

FCA simplified advice ‘unlikely to be of interest’ to advisers

FCA simplified advice ‘unlikely to be of interest’ to advisers

In Focus: 10 years of RDR

Pension firms should look ‘beyond narrow compliance’

Pension firms should look ‘beyond narrow compliance’

In Focus: 10 years of RDR

How adviser M&A deals have changed in 10 years of RDR

How adviser M&A deals have changed in 10 years of RDR

In Focus: 10 years of RDR

'There was talent that could have been harnessed and instead it was lost'

In Focus: 10 years of RDR

There was good to come out of the RDR in many ways, but at a price

Derek Bradley

Derek Bradley

In Focus: 10 years of RDR

Time for advice firms to create their own pipeline of candidates

Time for advice firms to create their own pipeline of candidates

In Focus: 10 years of RDR

'Advice profession can't support a levelling up agenda driven by the FCA'

'Advice profession can't support a levelling up agenda driven by the FCA'

In Focus: 10 years of RDR

FCA could look ‘further’ at advice firms’ ongoing service

FCA could look ‘further’ at advice firms’ ongoing service

In Focus: 10 years of RDR

Advice gap is expanding, advisers say

Advice gap is expanding, advisers say

In Focus: 10 years of RDR

Most advisers worried about losing business in wealth transfers

Most advisers worried about losing business in wealth transfers

In Focus: 10 years of RDR

Devilish details in the FCA's simplified advice regime

Devilish details in the FCA's simplified advice regime

In Focus: 10 years of RDR

Simplified advice will only work if linked to ‘reduction in adviser liability’

Simplified advice will only work if linked to ‘reduction in adviser liability’

In Focus: 10 years of RDR

FCA moves to launch simplified advice regime to boost access

FCA moves to launch simplified advice regime to boost access