The final MMR rules: condensed

Anyone might think the Retail Distribution Review (RDR), a similarly large regulatory overhaul affecting all sales of retail investment products, wasn't enough for this regulator. So, to give you a bit of respite, we've collated the main changes brought about by the MMR onto this single page. Most of the rules below will be introduced in 18 months' time - in April 2014. Intermediaries 1 - The FSA is removing the non-advised sales process. Well, almost. Rather, all 'interactive' sales - those done face-to-face or over-the-phone - must be 'advised' sales from April 2014. There are ...