The government must do more to promote the benefits of the Retail Distribution Review (RDR) to consumers to help advisers stay in business, Tenet Group has said.
Five-and-a-half million people will opt out of receiving advice as a result of the Retail Distribution Review (RDR), presenting a "major" opportunity for providers to step in to service them, according to a report by Deloitte.
The Financial Conduct Authority (FCA), the Prudential Regulatory Authority (PRA) and the Bank of England (BoE) plan to deal with complaints in the 'twin peaks model' in largely the same way as under the current Financial Services Authority's (FSA) process....
With the Consumer Insurance Act coming into force in March 2013, advisers should ensure their medical assessment approach is compliant and defensible, Morgan Ash has warned.
A former adviser who was jailed for two years for stealing £150,000 from his grandmother has been banned by the Financial Services Authority (FSA).