If it were a football match - A sideways glance at RDR

Most expected: The proposed ban on factoring was criticised by respondents who felt it would reduce consumer access to advice. But the FSA went ahead and banned it anyway. Least expected: The FSA is accused of pandering to the banks, but it chose to keep the term 'restricted' for tied advice despite opposition from the British Bankers' Association. Bits you may have missed: VAT issue is still up in the air Firms will be told to "consider" their charging approach in the event of a client cancelling a product during its cooling-off period. An adviser firm should face no financia...