RDR

Aviva Investors has introduced Retail Distribution Review (RDR)-ready share classes for a range of its most popular funds to cater for the needs of UK advisers and intermediaries.

Just 2% of advisers in the Tenet network have gone restricted, after the firm encouraged members to remain independent.

Paraplanners and discretionary fund managers will be the primary beneficiaries of increased outsourcing among advisers, research suggests.

The Financial Services Authority (FSA) should tighten up the way some providers market their services, according to one adviser who says he is continually bombarded by providers pushing commission.

Sesame is to raise its standard fixed fee for the second time in a year following a "multi-million pound" technology investment.

St James's Place (SJP) and Standard Life are two of the few companies to benefit from the Retail Distribution Review (RDR), according to analysts at Investec.

F&C Investments has launched the first capital-protected RDR-compliant share class in the UK for its Lifestyle range and other multi-manager funds run by Gary Potter and Rob Burdett.

Cheshire-based financial planning firm Clarion has split its business in two creating a wealth management and an investment management arm.

QUIZ CHAMPION

The Institute of Financial Planning (IFP) has changed its certified financial planner (CFP) certification process by adding a written examination to the existing case study component.