RDR

Industry veteran Ken Davy has criticised the FSA for refusing to restructure the Retail Distribution Review (RDR) following the effects of the banking crisis.

Skandia is launching its unbundled platform model in the fourth quarter of 2012, along with an adviser charging structure designed to accommodate different fee types.

Advisers are "significantly undervaluing" the work they do for clients when working out their charging structures post-RDR, according to Prudential.

IN MEMORY

The FSA today said individuals making personal recommendations to retail clients via a simplified advice process must be qualified to the same minimum standard as those providing full advice.

IN DENIAL?

MEGAFINE

Historical success convincing consumers that advice is free could push many advisers out of the industry post-RDR, according to a Barclays director.

Former Honister Capital strategy director Alan Easter has founded a financial planning and fund management businesses.

Advisers continue to be confused by the FSA's stance on single platform use, research suggests.