Tenet urges firms to contact MP over RDR

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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...

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