Peter Hicks, head of UK retail sales at Fidelity International, looks at what the most recent RDR paper means for consumers and platforms.
AIFA plans to launch its own case-study based alternative assessment which will qualify advisers to QCF Level 5, a level above the new minimum for UK advisers set by the RDR.
Labour launched its manifesto today with a pledge to slash more than £6bn off the cost of business regulation by 2015.
Ongoing FSA investigations into poor pension switching advice are expected to result in firms paying out more than £150m in redress to customers.
Adviser Alliance's mission to defeat what it sees as damaging RDR regulations is gathering political support - including that of the shadow minister for constitutional affairs and justice.
The Serious Fraud Office (SFO) has increased its conviction rate in cases brought before the courts to more than 90%.
Alternative assessments developed by the CII to test for QCF Level 4 could cost about £550 more than its written equivalent, due to the extra costs of one-to-one learning.
Openwork CEO Martin Davis believes regulatory change will separate the winners from the losers
IFAonline editor Katrina Baugh on the FSA’s recent Discussion Paper on platforms.
A law firm preparing a legal challenge to an FSCS decision to levy advisers for a number of high-profile investment failures says it needs the backing of 1,000 IFAs to succeed.