Today's confirmation that cash rebates will be banned is a 'blow' to wrap platforms and presents a 'significant challenge' to their business models, fund supermarket Skandia has said.
The Pensions Management Institute (PMI) has launched an Retail Distribution Review (RDR) compliant pensions diploma for advisers wanting to boost their knowledge of the corporate pensions sector.
The unbundling of platform charges will result in greater price competition between fund providers, the Financial Services Authority (FSA) said today.
The Financial Services Authority (FSA) has suggested it will not read across its proposed ban on platform rebates to life companies, but has promised to explore the issue further.
The FSA has decided to apply its ban on platform rebates to execution-only propositions.
The Personal Finance Society (PFS) has launched its final guide to determine whether member firms will meet the criteria of the Retail Distribution Review (RDR).
Standard Life has revealed further details of its Retail Distribution Review (RDR) charging structures ahead of a 15 October ‘go live' date.
Cofunds has launched its client segmentation and updated fee flexibility functionality as part of the platform's efforts to help prepare advisers for the Retail Distribution Review (RDR).
Nucleus has launched a series of workshops designed to help advisers understand what the Retail Distribution Review (RDR) will mean for them in practice.