RDR objectives revisited

Scott Sinclair
clock

It was June 2007, all of 33 months ago, when the FSA published its first Review of Retail Distribution.

It stated, from the outset, it wanted "a market which allows more consumers to have their needs and wants addressed". This is the objective, above all others, a number of advisers say will not be achieved under the regulator's current proposals. A significant number of RDR critics, AIFA director general Chris Cummings among them, argue the Review is in danger of reducing consumer access to advice. Ahead of the publication of the FSA's final rules on service labelling and adviser charging, IFAonline revisits the six goals the FSA first set out in that June 2007 paper. Do you thin...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Retirees shun financial advice and take DIY approach to finances

Retirees shun financial advice and take DIY approach to finances

Four in five of over 55s who have retired, did so without financial advice

Sahar Nazir
clock 29 April 2024 • 1 min read
More than money: Putting your clients on the right track

More than money: Putting your clients on the right track

'In truth, financial advice is so much more than just money'

Roger Brosch
clock 29 April 2024 • 4 min read
Plugging the support gap in retirement 'not FCA's role'

Plugging the support gap in retirement 'not FCA's role'

Majority of professionals say FCA should not have to plug support gap

Sahar Nazir
clock 29 April 2024 • 1 min read