Sesame: Our contacts tell us RDR won't change

Answering on behalf of secretary of state for business, innovation and skills Vince Cable to a written question posed by Conservative MP Harriett Baldwin, Hoban said the FSA had also published cost-benefit analyses of its proposals and a number of research documents about their impact. Hoban was the coalition's representative during a debate on the RDR in the House of Commons a week ago and during an earlier hearing in Westminster Hall, when he sparked controversy by comparing advisers' current entry-level requirements to those of a McDonald's shift manager. Both of those debates were...