The incoming Financial Conduct Authority (FCA) may change rules introduced following the Retail Distribution Review (RDR) sooner than planned if it identifies widespread non-compliance or any harmful unintended consequences.
Martin Wheatley, the managing director of the Financial Services Authority (FSA) and chief executive designate of the incoming Financial Conduct Authority (FCA), has praised financial advisers for their treatment of clients.
Restricted network Personal Touch Financial Services (PTFS) has rooted out about 200 investment and pension "dabblers" after evaluating their value and risk to the business.
Most investment company directors think the Retail Distribution Review (RDR) will be positive for the sector, a poll suggests.