Why tamper-proofing your data will keep the FSA at bay

clock

Mark Palmer, director of products and marketing at Invu, reveals how advisers can reduce costs, automate RDR compliance and, critically, improve competitive position by using effective data storage.

While RDR will not be implemented until January 2013, both providers and financial advisers need to give serious thought to the implications of the changing regulatory climate. This new regulatory model is designed to improve confidence and trust in the financial services market with greater transparency to support the new fee based approach. And, at the heart of RDR is good client information: IFAs need not only to record and store all client information, including growing volumes of email based information, in an efficient manner but, critically, be able to rapidly search all those ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Dynamic Planner CEO on AI's role in 'trusted advice'

Dynamic Planner CEO on AI's role in 'trusted advice'

‘The challenge is that delivering advice is hard’

Isabel Baxter
clock 09 December 2025 • 6 min read
FCA reveals first group of financial firms to take part in AI testing

FCA reveals first group of financial firms to take part in AI testing

To deploy ‘safe and responsible’ AI

Cristian Angeloni
clock 03 December 2025 • 1 min read
Providers have 'clear role' to help advice firms with AI governance support

Providers have 'clear role' to help advice firms with AI governance support

Less than 5% of advisers have a full AI policy

Isabel Baxter
clock 02 December 2025 • 3 min read