RDR

Consumer watchdog Which? has called on the FSA to get rid of the ‘restricted adviser' label and replace it with ‘sales representative'.

The FSA has told the Treasury Select Committee (TSC) any dilution of the RDR will lead to higher costs to consumers through continued unsuitable advice, in a warning to MPs not to meddle with the rule change.

Morningstar has launched a new gap-fill event programme for IFAs to help them meet RDR Level 4 qualification requirements.

Fewer firms welcome the RDR today compared with two years ago, according to a wide-ranging survey by the FSA Practitioner Panel.

The FSA is to run a series of roadshows to help IFAs prepare for the RDR, at a cost of £20 per adviser.

The New Model Business Academy (NMBA) is offering members a structured programme to help them attain a Diploma in Professional Financial Advice, in partnership with e-assessment specialist Calibrand.

Peter Chadborn believes the Retail Distribution Review (RDR) may provide an opportunity for advisers to secure clients that banks cannot afford to service.

Tenet Support Services is considering becoming an accredited body in the wake of the FSA's confirmed policy on professionalism.

Helpfully, at the beginning of every FSA paper, there is a small section outlining who should read it.

Carl Lamb, managing director of IFA firm Almary Green, reveals his plans for RDR.