TSC submissions: The eight unanswered RDR questions

Laura Miller
clock

With some 200 submissions received by the Treasury Select Committee (TSC) this month, the RDR looks far from being a fait accompli.

The official line in favour of the RDR held by the FSA, and agreed with by many in the financial services industry, is well known. Largely, the submissions to the TSC question this official line and the ‘self-evident truths’. MPs on the TSC do not want to, and cannot, scrap the RDR. But like many of you, they believe greater scrutiny of the reasons for, and consequences of, such far-reaching regulation is right and necessary. These are the unanswered questions which you want MPs to force the FSA to address in an open and public forum at a TSC hearing: Would the courts judge gran...

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 RDR

RDR ten years on: An advice industry changed for the better
RDR

RDR ten years on: An advice industry changed for the better

'The end of the advice industry as we know it'

Kevin Silvester
clock 08 February 2023 • 2 min read
RDR

Deja vu: Are we heading back to the future on commission?

Marty, fire up the DeLorean

Tim Sargisson
clock 13 January 2016 • 3 min read
RDR

Blog: How can we shrink the advice gap?

The advice gap has been a popular topic since the Retail Distribution Review, but hasn't this gap always existed?

clock 02 November 2015 •