Tenet urges firms to contact MP over RDR

clock

IFA support group Tenet has told its client firms there has "never been a better time" to voice their concerns over the RDR's requirements and is encouraging those with worries to contact their local MP.

Group distribution and development director Keith Richards has written to TenetConnect and TenetSelect clients saying the recent parliamentary debate on RDR shows engaging the support of an MP can "keep the topic live". On 20 October, Conservative MP Harriett Baldwin represented the concerns of a number of her constituents about RDR proposals to ban commission and introduce higher minimum qualification requirements at Westminster Hall. Although Baldwin received the backing of a number of other MPs, financial secretary to the Treasury Mark Hoban said the RDR remained essential to impro...

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 Your profession

AI adoption not a 'must' for advice industry but it can leverage services

AI adoption not a 'must' for advice industry but it can leverage services

‘You are not struggling for clients, so it is a great place to be.’

Isabel Baxter
clock 01 May 2024 • 1 min read
Long-term financial planning proving increasingly difficult

Long-term financial planning proving increasingly difficult

Cash ISAs were the preferred vehicle for those planning over the long-term

Sahar Nazir
clock 01 May 2024 • 1 min read
Financial Conduct Authority's regulation 'lacks coherent vision'

Financial Conduct Authority's regulation 'lacks coherent vision'

‘It does feel like the wind has been in our faces over the past few months’

Isabel Baxter
clock 01 May 2024 • 2 min read