Winterthur has launched a dedicated service on its website to provide updates, commentary and opinion on the FSA's Retail Distribution Review (RDR).
Winterthur has added the service to its Professional Edge adviser support services. It will provide advisers with the latest opinions on the review and to guide them through the proposed changes. The RDR’s discussion period ends at the end of the year.
David Thompson, managing director, Winterthur, says: "Flawed, over-complicated and unfair – these are just a few terms levelled at the current system of financial product distribution in the UK.
"There's no doubt that the current model of distribution needs revision, but it has strengths which advisers and providers have worked together to develop, and one hopes these will not be overlooked in the FSA review.
"This is why it is critical that advisers fully engage with the RDR – which is arguably the most wide-reaching investigation since the Financial Services Act in 1986."
The RDR pages include a document library containing Winterthur's views and copies of RDR-related press releases, as well as relevant information from the ABI and the FSA, and links to the ABI, FSA, AIFA.
Users can also send questions directly to Mike Morrison, Winterthur's pensions strategy manager, for up-to-date responses to advisers' RDR queries, and vote on RDR-related questions.
To comment on this story contact:
Tel: 020 7034 2679
E-mail: [email protected]
No preferred charging model
To 1,552 families and businesses
HL and Liberty SIPP slowest
Lifetime and annual allowances