The survey, completed at the Ascentric Conferences held in Manchester, Bristol and London, questioned over 200 advisers.

Some 88 per cent stated they were confident in the future direction of their business.

Some 69 per cent of advisers also agreed that they felt more confident about the financial services sector than a year ago.

This indicates advisers are prepared for RDR and confident in the changes occurring next year.

The findings echo earlier data from the Financial Services Authority which found 91 per cent of advisers were ready or would be ready by the RDR deadline.

Regarding fees, advisers indicated they would be offering a flexible fee structure based on client requirements.

Over half of respondents said they would be charging a mixture of hourly, percentage of assets and fixed fees.

Only three per cent said they would solely be offering an hourly fee.

Dominic Ventham, head of marketing at Ascentric, said: “Change is inevitable under RDR and these findings indicate a growing level of confidence that advisers can use this time as an opportunity to refresh and revitalise their business.

“It also suggests a real belief that their value proposition will hold up in a fee paying world despite difficult market conditions.”