The Treasury Select Committee has called for written evidence on the RDR, ahead of a three hour debate on the rule change next week.
The Committee says it has decided to call for evidence on whether the RDR will achieve its stated outcomes, and whether the outcomes could be achieved in other, potentially better, ways. In a hearing on Tuesday, FSA CEO Hector Sants told the Select Committee ministers the RDR had three specific outcomes;a transparent and fairer charging system, a better qualification framework for advisers. and greater clarity around the type of advice being offered. The Treasury Committee says it will decide whether and how to take the matter of the RDR further in the light of written evidence recei...
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