Regulation

Financial services executives expect banks to be the biggest winners of the retail distribution review (RDR), with IFAs the biggest losers.

Nick Cann, the chief executive of the Institute of Financial Planning (IFP), says the FSA knows it will be forced to delay the implementation of the RDR, but can not publicly admit it.

Sesame is urging the FSA to conduct a full cost benefit analysis of the RDR, amid fears many adviser businesses will become unprofitable due to the regulatory burden.

AIFA has called for greater understanding of how 'advice' and 'sales' channels can work in tandem rather than fight each other post-RDR and repeated its plea for a 15-year long-stop on complaints.

Technology provider Focus Solutions has noted a significant increase in demand for Direct to Consumer (D2C) e-commerce solutions from providers and advisers, following the FSA's RDR proposals.

Separating lucrative customers from the unprofitable will form the centerpiece of advisers' survival strategies in the build up to 2012, a white paper suggests.

Each month, we ask our industry to answer one big question!

The FSA's proposed capital adequacy regime punishes firms which are attempting to move towards the post-RDR business model, according to the Institute of Financial Planning (IFP).

Britain's chief financial regulator blamed Gordon Brown yesterday for contributing to the economic crisis, coming close to accusing him of stoking the credit-fuelled housing boom and bust, reports The Times .

Each month, we ask our industry to answer one big question!