RDR

Sadly many advisory businesses are preparing for RDR with ‘dumbed down' advice propositions for which fees will be hard to justify, says Bruce Moss

The government will take action if charges paid by auto-enrolled pension scheme members shoot up after the Retail Distribution Review (RDR) commission ban.

DIRTY WORD?

Zurich has today released details of its Retail Distribution Review (RDR) charging structure and plans to close some of its products.

The Financial Services Authority (FSA) has written to providers and platforms expressing its concerns about facilitating adviser charging payments.

RSM Tenon has reduced its client bank by almost 70% as part of its segmentation process in the run up to the implementation of the Retail Distribution Review (RDR).

PREACHER MAN

DEMYSTIFIED

Networks may only find relief from their own financial troubles by raiding other struggling businesses, according to Ernst & Young.

More than six in ten investors would stop using their independent financial adviser (IFA) if they were to begin charging on an hourly rate, research has suggested.