RDR

Linda Woodall, the head of investment intermediaries at the Financial Services Authority (FSA), has admitted there is an "ongoing underlying tension" between advisers and the regulator, but claims this is "as it should be".

PanaceaIFA, the online community for IFAs, is rebranding to Panacea Adviser to reflect the changing advisory landscape ahead of the implementation of the Retail Distribution Review (RDR).

The Financial Services Authority (FSA) has defended its decision to warn providers and advisory groups about securing "distribution agreements" which may appear to be commission by another name, saying it has evidence of deals which have raised its suspicions....

In the most recent of our series looking at coverage of the Retail Distribution Review (RDR) in the national media, we came across this piece from Money Mail...

Providers will scramble to buy distribution ahead of the Retail Distribution Review (RDR) and will buy up IFA businesses "left, right and centre", delegates at this year's Institute of Financial Planning (IFP) conference heard today.

Firms offering restricted advice are spreading "propaganda" about the apparent difficulties of meeting the Financial Services Authority's (FSA's) new independence rules, according to consultant David Severn, a former head of investment business policy...

Standard Life has launched its consultancy charging model which will be in place for corporate advisers, employers and trustees after the Retail Distribution Review (RDR).

ALMOST COMMISSION

The Financial Services Authority (FSA) has written to the CEOs of 24 product provider and advisory firms warning them not to use distribution agreements and cross-subsidies to 'work around' the Retail Distribution Review (RDR) commission ban.

Privately owned wealth manager Truestone has acquired Argent UK and Argent Personal Financial Management Limited for £3.5m.