Tenet urges firms to contact MP over RDR

clock

IFA support group Tenet has told its client firms there has "never been a better time" to voice their concerns over the RDR's requirements and is encouraging those with worries to contact their local MP.

Group distribution and development director Keith Richards has written to TenetConnect and TenetSelect clients saying the recent parliamentary debate on RDR shows engaging the support of an MP can "keep the topic live". On 20 October, Conservative MP Harriett Baldwin represented the concerns of a number of her constituents about RDR proposals to ban commission and introduce higher minimum qualification requirements at Westminster Hall. Although Baldwin received the backing of a number of other MPs, financial secretary to the Treasury Mark Hoban said the RDR remained essential to impro...

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 Your profession

Octopus Money: Why a Seccl-backed platform integration is for us

Octopus Money: Why a Seccl-backed platform integration is for us

'Technology and compliance acts as an anchor in the industry'

Sahar Nazir
clock 18 April 2024 • 1 min read
AJ Bell platform hits £80.3bn AUA as advised customers increase

AJ Bell platform hits £80.3bn AUA as advised customers increase

The firm recorded total advised customers of 165,000

Cristian Angeloni
clock 18 April 2024 • 2 min read
Women in Financial Advice Awards 2024: Two weeks to nominate!

Women in Financial Advice Awards 2024: Two weeks to nominate!

Awards ceremony on 6 November at London’s Marriott Grosvenor Square

Professional Adviser
clock 18 April 2024 • 1 min read