Adviser Alliance recruits UKIP man to fight RDR

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Anti-RDR group Adviser Alliance has recruited European Member of Parliament Godfrey Bloom to its ranks as it holds out hope the EU could overturn UK regulations.

Godfrey, a UKIP MEP for Yorkshire & North Lincolnshire, becomes an honoury member of Alan Lakey's organisation which is fighting to overturn those elements of the RDR it deems most damaging, in particular the commission ban and lack of a long-stop provision. Founder Alan Lakey (pictured) says Bloom will help the not-for-profit organisation eliminate "foolish ideas" and re-balance the regulatory landscape. He thinks Bloom, who is a coordinator for the EFD Group on the Economic and Monetary Affairs Committee, will add gravitas to his group's cause. "We will be taken more seriously no...

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