Brokers appear to have little doubt about whether the Financial Services Authority (FSA) will run its own similar review for mortgages, with 86 per cent believing that it is a case of 'when' and not 'if.'
Also thrown up by the Expo research was the fact that 94 per cent of respondents revealed they were confident that they would meet the FSA's March deadline for embedding 'Treating Customers Fairly' (TCF) into their business.
Business levels have been widely affected by market conditions though, with 3 per cent of brokers admitting they have seen a reduction of more than 50 per cent, and a further 20 per cent pitting this figure at a fifth less than was recorded in the previous six months.
Encouragingly, 55 per cent of advisers seem to have escaped unscathed with no notable difference in business levels.
Daniel Nwaokolo, Financial Services Scotland show director, advised: "Delegates who visit Financial Services Scotland will be able to find out more about the RDR at the Mortgage Business Expo seminar theatre where the Review and its possible implications for the mortgage sector will be discussed by Peter Mann, CEO of Bankhall.
"The FSA will also be speaking in the theatre providing intermediaries and advisers with advice and information on the areas to focus on in order to remain compliant and meet the up and coming TCF deadlines.
The show is taking place in Glasgow on 6 March 2008.
