The Financial Services Authority (FSA) is planning to ramp up its efforts to make consumers aware of the Retail Distribution Review (RDR) next month.
In recent weeks, the regulator has come under criticism for not doing enough to publicise the changes, which are now just months away. So far, the highlight of communication efforts has been a two-page leaflet, which the Financial Services Consumer Panel criticised for being too brief. Speaking at a recent conference, Colin Wilcox, from the RDR implementation team, said the regulator had recognised there was still more to do and promised there was "a lot more coming". An FSA spokesperson has now confirmed that this push will start next month, with the regulator aiming to take advan...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes