In response to an FSA consultation paper on the post-RDR treatment of legacy assets, Cofunds' managing director of operational services, Stephen Mohan, fears the regulator's failure to issue new rules may harm consumers.
Through TISA, Cofunds was instrumental in bringing to the attention of the regulator the need to recognise the complexity around legacy and collectives. We worked with, and supported, the group that,...
From August next year
RDR brought sweeping changes to adviser charging
A quarter (26%) unwilling to pay fees
Research by Grant Thornton
The right culture is essential...
Regulator 'follows not leads'
6.4% of over 80s saving for end of life needs
Maximum 30% of redress
Staff can come in if they wish
Two-day remote learning sessions