The Financial Services Authority (FSA) has outlined how it will measure the success of the retail distribution review (RDR), presenting nine key indicators and setting baselines for the post-implementation review.
It will not measure the short-term success of RDR until at least two years after implementation, meaning no sooner than the end of 2014. Long-term success will not be gauged until at least 2020. These are the indicators and the latest research the FSA will use to compare the RDR outcomes against: Short term - from 2014 1. Firms adhere to the new landscape (e.g. describe their advice services appropriately as independent or restricted) Can only be measured once the new rules come into effect, although the FSA will asses and measure progress over the next year through surveys,...
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