Does RDR Affect Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    No, RDR (retail distribution review) does not affect life insurance sales. It bans commission based selling for pensions, Isas and unit trusts by financial advisors in the UK. Life insurance, critical illness insurance, and private medical insurance plans do not fall under the ruling of the retail distribution review.
    Answered on September 16, 2013
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