24th May 2013

The "What is going on out there post RDR?" Spring survey

In November 2012, we conducted research amongst the Panacea community to understand adviser attitudes and intentions for the post RDR world.

All participants were provided with a copy of the results, so they could understand how their approach to RDR compared with their peers.  You can download the results here, which show some very candid responses to business plans, charging structures and fees. 

Five months into RDR, it is clear that there is still a lot of uncertainty amongst advisers and providers.  Panacea have therefore set-up a research programme with GfK (financial services research specialists), so that we can continue to generate insight to support your business decisions and help providers develop their services to support you.  

Why is this important? 

• Many advisers are segmenting their client base and developing differentiated services to meet client needs, however, there are still a lot of grey areas.
• Providers are delaying investment decisions until they understand adviser and consumer needs more. 

The research will help you understand; 

• how other advisers are adding value to on-going service propositions,
• how they are servicing clients who only want a transactional relationship,
• and what your peers intend to do to support mass market clients.   

I appreciate a 15-minute survey is a big ask, so, as before, we want to give you something valuable back in return.   All participants will receive a summary of the research insights so that they can understand how their peers are responding to RDR.

The questions may seem detailed, however, they need to be as comprehensive as possible in order to identify your post RDR intermediary needs better, to get you the support that you expect and need. 

Please be patient, persevere, stop-and-start if necessary – the end result will be worthwhile.

Click this link to access the survey.

Your help is both vital and appreciated.