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

Professional Adviser TV: Remaining client centric in a time of increased regulation and digital demands

Professional Adviser TV: Remaining client centric in a time of increased regulation and digital demands

Kevin Bailey and James Sullivan also unpack what value looks like

Professional Adviser
clock 04 July 2025 • 1 min read
Targeted support: FCA shuns 'overly prescriptive' approach to vulnerability

Targeted support: FCA shuns 'overly prescriptive' approach to vulnerability

Considered prescribing how firms should support ‘vulnerable consumers’

Isabel Baxter
clock 30 June 2025 • 2 min read
Targeted support: 38,000 current advice users expected to switch

Targeted support: 38,000 current advice users expected to switch

Firms could generate up to £499 in revenue per customer

Isabel Baxter
clock 30 June 2025 • 4 min read