ABC of RDR (Retail Distribution Review) / SAIA

Will the short-term industry be immune from major RDR change?

There has been a mixed reaction to the Retail Distribution Review (RDR) White Paper which has been issued by the Financial Services Board (FSB) for public comment. The FSB has stated that the purpose of RDR is not to damage the industry, but to rather enhance its sustainability. A number of industry bodies have pointed out that the reaction to the paper has been positive.