RDR

With the Retail Distribution Review on the horizon, portal Avelo is gearing up for an aggressive growth phase, writes AT8 Group's Mark Loosmore...

Gill Cardy has plans for the IFA Centre, the trade body she set up earlier this year, and first among them is to find out about her prospective members, she tells Alasdair Pal…

Less than 5% of independent financial advisers (IFAs) will leave the industry after retail distribution review (RDR) implementation, although an increasing number are worried about profitability, a survey suggests.

Friends Life will widen its annuity product range and ramp up its consumer marketing next year in a bid to avoid losing its existing savers, and to capture more when it becomes an open market option (OMO) provider.

The Financial Services Authority has sought to calm any concerns advisers may have about getting their statement of professional standing (SPS), reminding them of the 60 day window they have after RDR-implementation.

Ten of this week's best-read stories...

A 'light-hearted' analysis of firms' preparedness for the Retail Distribution Review splits businesses into seven categories. So, what would you consider yours to be? An Albatross, Octopus or Mole?

Wealth manager Torquil Clark is offering to provide execution-only services to IFAs' clients on a white-label basis.

The FSA said it hopes a consultation paper on the treatment of commission on legacy assets has "put to bed" any confusion on the issue, but it warned product providers yet to adapt their systems face an arduous task preparing for the rule change.

The FSA today set out 13 examples of when the legacy commission ban will kick in - and a narrow set of circumstances under which advisers will be allowed to receive trail commission in the post RDR world.