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Cost of investment products could be impacted

Oct 28, 2015
The introduction of the Retail Distribution Review (RDR) anticipated for the last quarter of 2016, will no doubt bring greater clarity to the cost of investment products, but may create an advice gap according to Sable Wealth’s Mike Abbott.

“Providers will have to introduce various levels of advice from DIY platforms to fee-paying advice by qualified and experienced Financial Advisers (FA), and a number of other ramifications.”

- Mike Abbot, Head of Sable International's wealth division

Read the full article on Fin24.

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Sable International is a trading name of 1st Contact Money Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services License issued by ASIC to deal in foreign exchange (1st Contact Group - AFS License number 335 126).

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