Regulation

With some 200 submissions received by the Treasury Select Committee (TSC) this month, the RDR looks far from being a fait accompli.

Ian Lowes tells Helen Morrissey about his company's preparations for the RDR and voices his concerns about the shift to fees.

The new consumer and markets regulator will be renamed the Financial Conduct Authority (FCA) with a remit to ban retail products and warn investors about pending enforcement actions.

Steve Martin, managing director of Smart Financial Planning, reveals the steps he has taken to ready his business for the new regulatory environment.

IFAs face requirements to have knowledge of complex products post-RDR despite the lack of exams covering these areas, threesixty warns.

Fraudsters claiming to be from the FSCS are cold-calling consumers to tell them they are in line for compensation.

Consumer watchdog Which? has called on the FSA to get rid of the ‘restricted adviser' label and replace it with ‘sales representative'.

The FSA has told the Treasury Select Committee (TSC) any dilution of the RDR will lead to higher costs to consumers through continued unsuitable advice, in a warning to MPs not to meddle with the rule change.

Morningstar has launched a new gap-fill event programme for IFAs to help them meet RDR Level 4 qualification requirements.

A former City worker has been banned for performing a significant influence function without FSA approval.