What about the orphans? IFA calls for re-think on capital adequacy changes

Just six months ago, the financial adviser market was treated to a radical face lift with the introduction of the Retail Distribution Review (RDR). Widely viewed as the greatest regulatory change to hit the advisory market, the RDR was put in place to create greater transparency and protection for consumers amid fears they weren't getting bang for their buck. Perhaps it comes as little surprise then that, in its drive to protect consumers, the Financial Conduct Authority (FCA) has felt inclined to thrust advisers' financial strength into the spotlight. The FCA has proposed to incre...