Advisors forgo 1.8 million product sales because of RDR
14 Dec 2015
An econometric study of the the sale of advised investment products, shows that the Retail Distribution Review (RDR) began to impact on the sale of advised products from the start of 2012, despite not formally coming into operation until the start of 2013. Between 2012 (Q1) and 2015 (Q2) advised sales were 1.8 million lower than would have been the case if RDR was not in operations. RDR also disrupted the normal seasonal pattern of investment sales, flatten out the peaks of sales (normally focused in the second quarter of the year).
See the study here. Impact of RDR