As the Financial Services Authority (FSA) begins to spread word about the Retail Distribution Review (RDR), what are consumers being told about what you do?
They have been six years in the making, yet only now, a matter of months before their official implementation, are consumers to be told properly about new rules affecting how they receive – and pay for – financial advice. Until now, the Financial Services Authority’s (FSA’s) efforts to communicate the Retail Distribution Review (RDR) to the very people it was devised for has been poor, consisting of a two-page pamphlet, published online. Yet, while the FSA has been all but silent on the issue, the national press has had plenty of opportunities to flag up the RDR to readers. And, th...
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