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What is the Retail Distribution Review?
Arriving in January 2013, the Retail Distribution Review (RDR) seeks to address the lack of consumer confidence and trust in the retail investment market by introducing a more robust set of rules for the financial services industry when dealing with the public.
RDR aims to ensure that consumers:
receive advice from highly respected professionals
are offered a transparent and fair charging system for the advice they receive
are clear about the type of service they receive