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Regulators and the industry need to work together to ensure clients of all sizes can access affordable advice and investment products. Only then can we achieve significant growth for our industry, and have more satisfied investors,» says Marc Saluzzi (picture), Chairman of ALFI.
According to a new study commissioned by the Association of the Luxembourg Fund Industry (ALFI) and carried out by Fundscape, the most important lesson to be learned from the UK experience of RDR(1) is that positive engagement between all parties creates an easier process and regulation that works effectively for all concerned.
The report, 'Navigating the post-RDR landscape in the UK; assessing the potential impact of an RDR regime on the European fund industry', looks at RDR,...
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