Sants rules out 'any dilution' of RDR

He said any watering down of the proposals would result in "an increase in the cost to consumers through continued mis-selling". The TSC is mulling whether to hold a full evidence session on the RDR but it appears any attempt to change the original proposals may be in vain. It collected 203 submission on the RDR from IFAs, providers and trade bodies, with many respondees expressing their concern about areas including the lack of grandfathering and long stop and the number of advisers who will be forced out of the industry. However, in its own submission, the FSA said: "The RDR is a...