RDR

Richard Philbin, the former F&C and Architas multi-manager, has teamed up with the founder of Skandia's Best Ideas range Alan Durrant to launch a new multi-manager business.

Providers and fund managers have shown "complete inconsistency" over issues such as legacy trail and facilitating adviser charging - showing they were underprepared for the Retail Distribution Review (RDR), according to the Personal Finance Society (PFS)....

Advisers have to stop criticising each other to better build the image of the profession and increase consumer confidence, Keith Richards has said.

Financial advisers have embraced the Retail Distribution Review's (RDR) push for higher qualifications and are looking to extend their level of expertise beyond the mandatory QCF Level 4, an advisory support group said.

ARMCHAIR CRITIC

Independent financial adviser Bradbury Hamilton has bought two client banks as part of its growth strategy and has further acquisitions in sight.

END OF THE TRAIL

The Financial Conduct Authority (FCA) has issued a rallying call to advisers and the wider industry to help it regulate, saying it "can't do it alone".

Local authorities must provide care funders with information helping them to access independent financial advice, the revised Care Bill has stipulated, though concerns have emerged surrounding councils' definition of 'independent'.

Advisers operating post-Retail Distribution Review (RDR) must create enduring relationships regardless of whether they make a sale, a Legal & General (L&G) director has argued.