Regulation

The Financial Services Authority (FSA) has answered 22 of advisers' key questions about the ongoing implementation and supervision of the Retail Distribution Review (RDR).

A third of employees would be willing to pay for an in-house financial adviser provided by their employer, according to Deloitte.

LOCK AND LOAD

David Bellamy, the chief executive of St. James's Place (SJP), has said the business is "well positioned" to reap the benefits of the new trading environment introduced following the Retail Distribution Review (RDR).

Scottish Life's illustration rates have been "significantly better" than they were in January 2012, indicating "advisers are coping well" with the transition to the new regulatory regime, according to one director.

Barclays has confirmed that it is in the process of training its telephony staff to offer mortgage advice in order to phase out non-advised sales.

The Financial Services Authority (FSA) has appointed two new non-executive directors to the board of the Financial Services Compensation Scheme (FSCS).

The regulator's vastly improved thematic communication and knowledge sharing means advisers should view it as a valuable resource, according to RSM Tenon's head of wealth management John Porteous.

As Openwork gears up for its annual conference, Jaki Platt, partnership director at the firm, says that taking a few days away from the day-to-day running of your business to attend an event is time well spent.

CLOUDING OVER