Regulation

Skandia is launching its unbundled platform model in the fourth quarter of 2012, along with an adviser charging structure designed to accommodate different fee types.

Advisers are "significantly undervaluing" the work they do for clients when working out their charging structures post-RDR, according to Prudential.

More than 20 dawn raids were carried out by the Financial Services Authority last year as the watchdog continued its use of visible enforcement, a law firm says.

Clients of troubled spreadbetting firm Worldspreads have moved a step closer to getting funds back through the Financial Services Compensation Scheme (FSCS) after administrators KPMG began sending out final statements.

Network and support service provider Sesame Bankhall Group (SBG) has said a large number of its 2,800 member firms are considering a 'hybrid' practice - offering both independent and restricted advice.

The Association of British Insurers (ABI) has said the Financial Services Authority's (FSA) stance on simplified advice means members are unlikely to develop propositions in the area.

COMPLAINTS

AIFA policy director Chris Hannant has criticised 'free rider' advisers who back the trade body's efforts and benefit from its work, but don't want to pay for membership.

The FSA's director of supervision at its conduct business unit, Clive Adamson, told an investor in the Arch cru funds that complaining to their IFA was the "best course of action" in order to get some form of redress, as the scandal broke in 2009.

Most advisers intend to retain their independent status post RDR, but this appears to clash with the plans of firm principals and network bosses, research suggests.