Anti-RDR petition collects 700 signatures in two days

clock

A petition set up on the Downing Street website in protest against the RDR received more than 500 signatures within a day of going live.

Set up by the newly-launched IFA Political Action Committee (IFAPAC), the petition is calling for the disbandment of the current FSA management. It went live on Tuesday, collecting 550 signatures by the end of the day, and has so far amassed almost 700 names. Asked if he was surprised at the level of support, IFAPAC founder Neil Liversidge says: "Not at all. "I established IFAPAC due to the level of industry feedback I received over the past two years. There is a broad, industry-wide consensus against the RDR." Among a raft of proposals, the RDR proposes increasing the minimum q...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA finfluencer enforcement action increases 174% in 2025

FCA finfluencer enforcement action increases 174% in 2025

FOI findings come as regulators ramp up online crackdown

Isabel Baxter
clock 09 February 2026 • 3 min read
TISA urges FCA to rethink targeted support fees and levies proposals

TISA urges FCA to rethink targeted support fees and levies proposals

Could ‘undermine’ the aims of targeted support

Isabel Baxter
clock 12 January 2026 • 2 min read
FCA's targeted support rules set to take effect from April 2026

FCA's targeted support rules set to take effect from April 2026

Regulator plans to open application gateway for firms in March

Isabel Baxter
clock 11 December 2025 • 5 min read