FSA to publish RDR consumer guide

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The Financial Services Authority (FSA) is to publish a guide explaining the Retail Distribution Review (RDR) to consumers.

Until now, the FSA has only dedicated one page on the consumer part of its website to explaining the reforms to the way people will receive and pay for advice from 2013. However, the regulator has consistently said it would ramp up its activities to publicise RDR ahead of its implementation. Addressing Treasury Select Committee concerns last year, the FSA said it would work with consumer bodies and the Money Advice service to educate the public. Meanwhile, the Money Advice Service has told IFAonline about the changes it will be making towards the end of the year to adapt to the RDR...

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