RDR

DATA HAPPY

The government must do more to promote the benefits of the Retail Distribution Review (RDR) to consumers to help advisers stay in business, Tenet Group has said.

Five-and-a-half million people will opt out of receiving advice as a result of the Retail Distribution Review (RDR), presenting a "major" opportunity for providers to step in to service them, according to a report by Deloitte.

A third of advisers are still not qualified for the Retail Distribution Review (RDR), which comes into force in eight weeks, according to Aviva.

Just Retirement has confirmed its schedule for accepting new business ahead of the Retail Distribution Review (RDR) and forthcoming gender neutrality.

HSBC is to convert its whole-of-market advisory proposition into a restricted advice model next year, Investment Week, IFAonline's sister title, understands.

Keith Churchouse, director of Chapters Financial, plans to launch a simplified advice platform in the New Year after earlier putting the project on hold.

UNREGULATED

Aegon has announced its post-Retail Distribution Review (RDR) charging structure and the closure of several of its products alongside an overhaul of its pensions range.

Cater Allen has launched an 'Retail Distribution Review (RDR)-ready' structured deposit plan, offering 100% participation in FTSE 100 growth, capped at 26%.