RDR

Restricted adviser St James's Place is set to capitalise on a number of high-profile exits from the advice market by high-street banks.

The number of Chartered financial planning firms has increased by almost a quarter in the last 12 months, according to figures published by the Personal Finance Society (PFS).

Hargreaves Lansdown is planning to cut its Wealth 150 list down to as few as 30 funds as it looks to adapt to the new pricing world post-Retail Distribution Review (RDR).

Financial adviser Richard Bishop has decided to move out of regulated advice and adopt a non-advised model because he said fees and ad-hoc levies have become unmanageable.

A wide ranging survey of more than three hundred wealth managers and advisers suggests the industry is being forced to re-examine its value proposition in light of the implementation of the Retail Distribution Review (RDR).

NOT SO SUPER

ARMCHAIR CRITIC

More than a quarter of advisers say their experiences in the period leading up to rule changes introduced following the Retail Distribution Review (RDR) were "the toughest of their lives", a new report suggests.

Skandia has launched a critical illness (CI) product as many advisers "re-prioritise" protection following changes to retail investment advice made after the Retail Distribution Review (RDR).

ORPHAN