One says 'yes', the other 'no': Financial Escape's Phil Castle and Old Mill's Simon Cole debate the call for a one-year delay to RDR.
The chairman of the Treasury Select Committee (TSC) has criticised the FSA's "pre-emptory" response to its report into the Retail Distribution Review (RDR), which called for a one-year delay to RDR implementation.
Professional Adviser took to the streets of London to canvass opinion on financial advice reform. First question: What is RDR?
Highly-qualified IFAs are calling on the FSA to heed MPs' calls to delay the RDR for 12 months so they can adapt their businesses in time to swerve a potential mass market advice gap.
Ed Dymott, head of commercial and business planning at Fidelity International, reveals what it will take to get your business RDR-ready.
Sesame Bankhall Group today backed MPs' call for a 12-month delay to the implementation of RDR, saying the move could mean an additional 500,000 clients continue to benefit from advice from its IFAs.
Delaying the introduction of the retail distribution review (RDR) by one year, as proposed by MPs last week, could result in an extra 10% of advisers remaining in the industry, IFA network Openwork said.
A proposals to delay the RDR by 12 months to give financial advisers more time to meet its rules appeared, initially, to receive a mixed response.
The RDR is bound to disappoint because it will fail to meet its public policy objectives and widen the advice gap, according to wealth manager Fowler Drew.
Perspective Financial's Julie Hepworth outlines how firms can satisfy a regulator growing hungrier and hungrier for firms' sales data...