Tenet calls on TSC to broaden RDR debate

The IFA support group has called on the TSC to widen the RDR debate when it meets again this week beyond the narrow focus of qualifications and commission to examine the impact in terms of cost and market contraction. "It is time to consider better solutions and outcomes from a consumer perspective rather than trying to perfect the current imperfect industry," says Tenet distribution & development director Keith Richards (pictured). Tenet thinks whilst the regulator has been justified in considering the implications of adviser remuneration, it has placed little attention on the impact...