Cofunds bolsters RDR support for advisers

Cofunds, the leading independent platform for financial planning, is dedicating a section of its adviser site to house information and resources to support advisers transitioning to the new RDR regime.
This latest initiative forms part of wider plans to ensure the platform is not only RDR ready but also offers advisers the best support possible in the run up to and beyond 1^st January 2013.
Cofunds’ RDR support will, among other things:
– Provide regulatory updates with particular focus on the latest discussion paper (published 26^th March 2010)
– Enable advisers to access filmed speeches and interviews of industry figures sharing their views on the impact on advisers
– Update advisers on the platform developments to become RDR ready
– Allow advisers to access resources that will help them understand some of the more complex technical aspects such as fee structures
Commenting on this RDR resource, Cofunds’ Head of Proposition, Verona Smith, said: “We are committed to continually developing our RDR ready proposition and honing the support we can offer advisers as they face the challenge of transition. In a recent survey of advisers we found that only 55 percent feel positive about RDR, whereas 30 percent remain undecided. There is clearly still much work to be done to ensure advisers are well prepared for, and comfortable with, RDR implementation.
Our aim is to enable and empower advisers to easily harness what the platform has to offer, but also bring different perspectives on how they can benefit from this change in their wider business models.  There is plenty more to follow, rest assured.”