20th September 2011

Scottish Widows: Getting ready for RDR – preparation checklists

Getting ready for RDR – preparation checklists

To successfully meet the challenges of RDR, you need to take a number of key decisions about how your business will operate in the future and to have a clear plan of action. Of course, many advisory businesses are well placed for RDR because they already have an appropriate operating model or they have been moving ahead with preparation.

The following checklists can help you understand how well you and your business are placed in terms of RDR, and help you identify the main areas where you have more to do to finalise your plans.

These checklists are provided as a tool to assist advisers and adviser businesses in their preparation for RDR.  They are based on Scottish Widows current understanding, but are not exhaustive and cannot fully reflect the complexity and individual nature of all businesses.

Scottish Widows cannot accept responsibility for what plans advisers’ need to have in place to address RDR. The checklists and supporting information is taken from the Scottish Widows RDR checklist tool, available from http://www.scottishwidows.co.uk/rdr or download the PDF

RDR