Openwork unveils RDR toolkit

Openwork has launched an online RDR toolkit as part of the its programme for RDR.

The network says it is central to its drive to support advisers as they begin the transition to fee-charging business models.

Openwork claims the toolkit will enable advisers to review their existing position, design their future business model, determine how best to segment their client bank and facilitate the development of their new proposition with appropriate pricing and documentation.

Mike Gummerson, RDR transition director at Openwork, said: “With the deadline for the RDR fast approaching it is essential that advisers have the support in place to guide their entire transition to fee-charging business models.

“Alongside our RDR workshops, the online toolkit will enable advisers to determine the right proposition for their businesses and give them the content and tools to deliver it to their clients.”