Alliance Trust CEO says RDR unlikely to boost investment trusts

The Chief Executive of Alliance Trust has warned that the retail distribution review (RDR) is likely to do little to boost demand for investment trusts.

The Chief Executive of Alliance Trust has warned that the retail distribution review (RDR) is likely to do little to boost demand for investment trusts.

The RDR, a product of the Financial Services Authority (FSA), the UK's financial services industry regulator, is changing the way in which UK financial advisors offer services to investors by boosting transparency and clarity. The changes are due to take place at the end of this year.

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