RDR

CONDENSED

FundsNetwork has fired a warning shot to fund managers, saying any "special deals" struck up with rival platforms will be revealed under the transparency principles underpinning Retail Distribution Review (RDR).

Trade body the IFA Centre has welcomed the Financial Services Authority (FSA's) finalised guidance on delivering independent and restricted advice.

Standard Life has released a toolkit aiming to help advisers create a compelling client proposition for the post-Retail Distribution Review (RDR) environment.

Advisers are now less concerned about having to sell unsuitable products to remain independent and more concerned about the research and administration required to retain this status, according to a poll of IFAs conducted today.

MYTHBUSTERS

INVESTMENT COMPANIES

LOOSE ENDS

Old Mutual Asset Managers has appointed Steven Brown, formerly of RBS Global Banking & Markets, as head of advisory distribution.

Avisers can sign customers up to adviser charging (AC) via the Skandia Investment Solutions platform from today.