With auto-enrolment on the horizon and corporate wrap taking shape, the integration of HR and benefit systems is key to the continued success of the reward package

The Financial Services Authority’s retail distribution review (RDR), which comes into force in less than two years, is a positive step to make the purchasing of financial services easier for the consumer. Among other things, the review aims to introduce a more stringent regime to ensure the highest professional standards from investment advisers. It also changes the way advisers charge for their services to ensure they give impartial advice to their clients. It is widely expected that many independent financial advisers (IFAs) will focus on more profitable clients and those that are more likely to pay for professional advice, leaving an unserviced mass market caught in an advice vacuum.