Retail Distribution Review

The RDR is an extensive piece of legislation which looks at how financial products are marketed and sold to customers. It aims to protect the customer at every stage of the sales process. It will legislate on how products and services are described, how firms and their advisers are paid and what qualifications will be required in order to give advice.

RDR is due to be fully implemented by the end of 2012 but there are several aspects which are still the subject of consultation.

Whatever the final structure, this legislation will have a huge impact on the financial services industry.

Haven RM is well positioned to respond immediately to the changes as they are finalised. Firms which do not react quickly and appropriately to the new legislation may have difficulty in surviving.

Please contact us for further information.