Regulation

The RDR represents a bad deal for consumers, according to a former FSA consultant.

Wizard has today launched a new integrated learning package for CII diploma students.

The FSA has fined Barclays almost £2.5m for failing to provide accurate reports to the regulator.

Sesame will deliver a virtual RDR conference to update advisers on the impact for their businesses and provide solutions for a smooth transition.

Just one in three advisers expect their business revenues to be mostly generated from fees after 2012, according to research.

The Personal Finance Society (PFS) says the growing need to raise standards has helped it gain over 25,000 members since its creation in 2005.

AXA Winterthur Wealth Management is calling on the FSA to clarify the position under the new RDR framework for financial advisers who have already reached QCF Level 4.

The FSA has awarded around a fifth of its workforce a 10pc pay rise to compensate them for the regulator's decision to close its final salary scheme to existing members, according to The Telegraph.

The transition to a post-RDR business model could cost IFA firms as much as £10,000 per registered individual, according to research.

The RDR will ‘empower' IFAs and allow them to take control of their business and its client relationships, according to Ascentric.