Sesame's Martin: 'Don't hang your hat on RDR suddenly going away'

clock

Sesame Bankhall executive chairman Ivan Martin has warned IFAs not to rely on any radical overhaul of RDR, despite expressing concerns about the changes being made.

Closing out the Sesame Symposium in London yesterday, he insisted the group had been working hard to voice concerns about regulatory changes and particularly the negative impact they may have on consumers. However, despite increasing attention being given to the RDR by MPs, with a three-hour debate on the issue expected soon in Parliament, he urged IFAs not to raise hopes of a reversal by the FSA. "All the feedback I get from political and regulatory circles is that the RDR will be implemented as planned in January 2013. "So we will continue to campaign for the best outcome, but pl...

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

Culture is the most effective risk tool wealth managers are missing out on

Culture is the most effective risk tool wealth managers are missing out on

'Understanding a firm's culture is understanding its risk profile'

Bev Shah
clock 09 January 2026 • 5 min read
FCA sets October 2027 date for implementation of cryptoasset rules

FCA sets October 2027 date for implementation of cryptoasset rules

Issues further guidance

Michael Nelson
clock 09 January 2026 • 1 min read
WH Ireland shareholders back Team takeover in key vote

WH Ireland shareholders back Team takeover in key vote

FCA clearance still required

Sahar Nazir
clock 09 January 2026 • 3 min read