Chapters of the impending RDR consultation paper have been redrafted on "numerous" occasions in recent weeks as the FSA continues to um and ah over its proposals.
A source close to the regulator says it has, until very recently, remained undecided on a number of key issues, adding "nothing is in black and white yet". The FSA is due to publish a consultation paper on the Review, now known as the Retail Distribution Implementation Programme (RDIP), on Thursday and says it remains on track to do so. It will outline a number of key issues for the future of the retail investment advice arena, including minimum qualification requirements and further details of its 'sales advice' channel. Adviser charging, which has been designed to remove provider an...
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