Nearly two thirds of financial advisory firms have revealed that they do not feel ready for the commencement of the RDR, the results of a BlackRock poll have found.
Similarly a massive 87 percent have revealed that their proposition is currently yet to be finalised ahead of the RDR.
Speaking in reference to the results, BlackRock’s Tony Stenning emphasised that there are around 130 days until the RDR takes effect and many advisors as well as investors are still trying to grips with how the RDR will guide them into the future.