IFAs want 'lighter-touch' regulation in return for RDR support

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EIGHT in 10 advisers would have more support for FSA initiatives, such as TCF, if it led to a 'lighter touch' regulatory regime, according to research carried out by Sesame.

83pc of 104 advisers polled said they either agreed or strongly agreed with this sentiment, while only six percent either disagreed or strongly disagreed. "The FSA often talks about 'reaping a regulatory dividend' from adhering to higher professional standards, and one area where the increased focus on qualifications and professionalism may bring a regulatory reward is within the maintaining competence requirements," said Paul Dawson, head of Sesame Learning. "As an industry we have aspired for parity with other professions, such as solicitors and accountants, for many years. Principles...

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