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Aifa launches landmark RDR survey

Aifa has launched the biggest ever survey of advisers to inform its retail distribution review response and is hoping all members and non-members will respond.

The survey is a major part of the trade body’s three pronged market research programme that will help form the basis of its RDR response.

This will also include consumer research and data about the contribution the advice community makes to the economy.

The areas covered in the survey are commission and Customer Agreed Remuneration, adviser segmentation, professional status, independence and primary advice.

The survey will be emailed to all members today and can also be completed via the trade body’s website.

Aifa director general Chris Cummings says: “The RDR proposes the greatest changes ever to IFA businesses, individual IFAs and their clients.

“We are working relentlessly on behalf of our members to ensure that the outcome delivers a better market for professional advisers – not just a different one. To ensure that Aifa’s response to FSA on the RDR truly reflects the views of its members, we urge all IFAs to complete this survey.

“It is detailed and may take up to an hour – but one hour is a small price to pay for helping to shape the future of the industry.

“Every single reply matters so we urge individuals to spare the time. The proposals in the RDR are not a “done deal” so if IFAs want their views to be considered they need to voice them.”

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