Regulation

RDR IN THE NEWS

HSBC Global Asset Management has launched an RDR-ready share class on its passive fund range.

The government has admitted it is ‘difficult' to ascertain the impact of the LIBOR rigging scandal on consumers and whether banks will have to pay out compensation as a result of it.

Berry Asset Management has unveiled a lower cost investment proposition in preparation for the Retail Distribution Review (RDR).

The Financial Conduct Authority (FCA) will lay down a marker to the financial services industry by widening the scope of the incoming commission ban on retail investment sales, according to a report in The Independent.

Standard Life has partnered with a number of trade bodies to launch a Retail Distribution Review (RDR) guide for advisers to help their clients understand the changes.

MPs on the Treasury Select Committee (TSC) will question financial secretary Mark Hoban on the Money Advice Service (MAS) later this week.

FIVE THINGS

The head of the new City watchdog John Griffiths-Jones has pledged to enforce change through the Financial Conduct Authority (FCA).

The Financial Services Authority (FSA) has expressed concerns that an increase in advised sales of investment bonds by life insurance companies may be a sign of a commission grab ahead of the implementation of the Retail Distribution Review (RDR).