According to the Financial Services Authority, 93 per cent of advisers are on track to meet the RDR deadline.
This was up slightly from the figure in 2011 which showed 91 per cent expected to be ready by the deadline.
The amount of advisers with an appropriate Level 4 qualification had risen from 50 per cent to 71 per cent.
The figures were revealed in a letter from Martin Wheatley, managing director of the Financial Services Authority, to Andrew Tyrie MP, chairman of the Treasury Select Committee.
Mr Wheatley, who is also chief executive designate of the Financial Conduct Authority, said: "Our latest research shows that 93 per cent of advisers believed they are on track to complete the qualifications in time.

"Given the continued progress we are seeing, we remain committed to the RDR timetable. However, while it will be important to maintain the standards required to protect consumers, we will of course by proportionate in our approach to supervision."
Mr Tyrie said the committee would be carefully monitoring the effects of the RDR.
"The banning of commission and the introduction of a clear market price will be carefully monitored by the Treasury Committee in an effort to ensure that the expected benefits flow to consumers."
Mr Wheatley confirmed that the FSA would be conducting its own post-implementation review of the RDR to measure its success and would be developing a short-term success indicator for 2014.