RDR

Rural communities risk being cut off from financial advice as their IFAs exit the industry under the weight of the RDR and levy hikes, MPs were told today.

Harriett Baldwin MP is calling on the government to use a reprieve on red-tape for small businesses announced in the Budget to exempt small IFA firms from the RDR.

HMRC is considering publishing further guidance and clarification on a number of issues around charging models post-RDR.

Maria Merricks talks to three advisers who have adapted their businesses in different ways.

Karen Davies, of the National Skills Academy for Financial Services, examines how to negotiate the jungle of RDR options.

Kim Barrett, senior partner at Barretts Financial Solutions, explains how he and his son have set about re-shaping their business.

The Financial Skills Partnership (FSP) remains hopeful the FSA will change its mind over what it calls a "cliff-edge" approach to RDR qualifications.

Margaret Cole, director of enforcement at the FSA, will become the head of half of the regulator as it divides in two in April.

A work based assessment RDR qualification with no exam element has been approved by the FSA and will be available to advisers from the end of the month.

Jason Britton, chief investment officer at T. Bailey, explains why outsourcing to a multi-manager is RDR-friendly.