Blog: Industry owes anti-RDR brigade a debt of gratitude

This week's meeting of the All Party Parliamentary Group to discuss the impact of the RDR on IFAs attracted a lot of interest from MPs and a full public gallery

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This week's meeting of the All Party Parliamentary Group to discuss the impact of the RDR on IFAs attracted a lot of interest from MPs and a full public gallery.

The meeting of the APP Group on Insurance & Financial Services heard from four different perspectives in the form of AIFA's director general Stephen Gay, CII CEO Sandy Scott, principal policy adviser at Which? Dominic Lindley, and Sheila Nicoll, the FSA's director of conduct policy. But there was an underlying consistency around their messages: RDR is going to happen and happen largely in the form now proposed. MPs were given a more balanced view of RDR than their own debate at the end of last month when the fierce lobbying by some smaller IFAs produced a very one-sided debate. ...

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