The Financial Conduct Authority (FCA) has confirmed it is delaying the publication of final rules governing the sale and promotion of unregulated collective investment schemes (UCIS), saying it remains unclear on some issues and must be allowed time to...
Some 97% of IFAs report taking on new clients since the advent of the Retail Distribution Review (RDR), according to research released today.
Prudential has reported a 21% fall in sales of with-profit bonds for the first quarter of the year, which it has attributed to the implementation of the Retail Distribution Review (RDR).
The pace of regulatory change has left many advisers scared of client contact, according a senior figure at BlackRock.
Fund group CEOs have blamed the impact of the Retail Distribution Review (RDR) for a sharp divergence between UK fund sales and those elsewhere in the world at the start of 2013.
Aviva is to stop offering direct investment and protection advice for its customers from 31 May.