Figures released by the Financial Conduct Authority (FCA) have revealed that the number of retail investment advisers working in the UK is within the range predicted by independent researched commissioned in 2012. The Retail Distribution Review (RDR) set standards effective from 31^st December 2012 that require a higher standard of qualification, adherence to ethical standards and continuous professional development. Six months after introduction of these new rules, 97 per cent of advisers have the appropriate level of qualification, in contrast to 2010 when less than half of all advisers were qualified to today’s standard.