Regulation

Product providers will face additional regulatory requirements if they offer convenient advice payment facilities to consumers, the FSA suggests today.

Experienced investment advisers in practice at 30 June 2009 will be allowed to take oral versions of the written exams needed to get them up to post-RDR standards, but this option will be withdrawn at the end of 2012.

IFA support provider threesixty is to run free workshops for IFAs to highlight key issues arising from the RDR consultation paper out today.

Although a number of IFAs, including its trade association AIFA, spoke glowingly of the key proposals in yesterday's RDR Consultation Paper, not everyone agreed.

The FSA has said it would support whistleblowers coming forward to report on providers or adviser firms trying to exploit the changes proposed under the RDR.

Earlier this month we held a beauty parade at our office for a client who was considering appointing a different Discretionary Fund Manager to the one he currently used.

There may be a 'home' for protection in the RDR's controversial 'sales advice' category, an influential market report suggests.

Almost six out of ten IFAs are concerned they could face regulatory action concerning their asset allocation decisions taken during a period of unprecedented market volatility.

A free online service enabling advisers to log and track agency requests across all the major providers from one place has been launched.

Passive funds are expected to grow in popularity in the post-retail distribution review (RDR) environment as product bias diminishes.